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comment by b_b
b_b  ·  4108 days ago  ·  link  ·    ·  parent  ·  post: Detroit's Pension Madness

Yeah this is the city of Detroit pension plan they've been stealing from for years. It was discovered by an internal audit performed by the emergency manager. His plan is basically to leverage Obamacare to help the city financially (thought you'd like that tidbit).





cliffelam  ·  4108 days ago  ·  link  ·  

Well, the subsidies will help the city for part of their costs for current employees, but since most retirees are on Medicare, it won't have much impact on the retiree cost.

-XC