PENSION BENEFITS:: Detroit mayor imposes worker benefit, pay cuts – ChicagoTribune
By MB Snow at July 18, 2012 | 9:46 am | Print
By Bernie Woodall
DETROIT, July 18 (Reuters) – Detroit Mayor Dave Bing said on
Wednesday he has imposed 10 percent pay cuts and cuts to
healthcare benefits for city workers in an effort to save the
cash-strapped city $102 million a year.
The Detroit City Council on Tuesday rejected by a 5-4 vote
Bing’s plan for the cuts. But as part of an April consent decree
with the state of Michigan that gave the state more control of
the city’s finances, the mayor can impose the cuts without city
council approval.
“This is a tough day for me, a tough day for city workers
and a tough day for all of Detroit,” Bing said in a statement on
Wednesday. “However, it is a necessary day – but it’s still a
tough day.”
via UPDATE 1-Detroit mayor imposes worker benefit, pay cuts – chicagotribune.com.
