RSCD News & Media Room

Current News That May Interest You:

Review commission OKs Detroit’s 4-year budget

Monday, May 11, 2015

The state-mandated Detroit Financial Review Commission approved the city’s four-year financial plan at its monthly meeting Monday, on an 8-0 vote with one member, Tony Saunders, absent. Read More »

No Bankruptcy or Emergency Manager For Wayne County

Friday, April 17, 2015

Wayne County Executive Warren Evans says there is light at the end of the tunnel, but it will be a challenging path. Read More »

Detroit Taxpayers Could Be Given Option To Support City Retirees

Friday, April 17, 2015

Detroit taxpayers could be asked if they want to contribute to the city's retirees. Read More »

Howes: Detroit pay-raise gambit defines 'bad optics'

Friday, March 20, 2015

The pay-raise campaign for City Hall bosses is on hold — for now.   Read More »

Supremacy's claws: How two judges are changing the pension debate

Friday, March 20, 2015

But now rulings by judges in Michigan and California have sparked a debate about another way to deal with pension issues, namely municipalities filing for Chapter 9 protection so that they can break contracts with retirees. Read More »

Illinois Supreme Court to hear arguments today on pension law

Friday, March 20, 2015

At issue is a law that seeks to address the state's soaring pension costs and a more than $100 billion pension liability by reducing cost-of-living increases, raising the retirement age for some workers and limiting how much of a salary can be counted toward a pension. Read More »

Detroit retirees to see pension cuts starting Monday

Wednesday, March 04, 2015

Following the city's exit out of bankruptcy, retirees who had worked for the water department, bus system and other general system departments, will now see at least a 4.5% cut to their pension checks. Read More »

New 50 Percent Housing Discount for City Employees, Retirees, and their Families

Monday, January 26, 2015

Detroit Mayor Mike Duggan and representatives of the Detroit Land Bank Authority today announced a plan to give a 50% discount on houses bought through the Detroit Land Bank’s housing auction program at BuildingDetroit.org.    The plan was approved by the Detroit Land Bank Authority last week and is... Read More »

Detroit to offer home discount to city workers

Monday, January 26, 2015

City of Detroit employees, retirees and their immediate families will receive half off homes sold in a city auction designed to save fixable homes in stable neighborhoods as part of a new incentive Mayor Mike Duggan's administration is to announce this morning. Current city workers — those on the c... Read More »

Public Notice: GRS Investment Committee Meeting

Tuesday, January 20, 2015

For the date and time, click on the related files link below... Read More »

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