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MI Governor Snyder Steals Pensions Out from Under Pensioners

by Ed Schultz posted Jul 19 2013 1:11PM

High drama played out in Detroit-area courtrooms today -- drama which culminated in attorney;s for Governor Rick Snyder stealing the pensions right out from under current and former city workers for Detroit.

The drama played out as an attorney for the city's pensioners prepared to file a temporary injunction to prevent the city from filing for Chapter 9 bankruptcy, a move which would have preserved pension benefits for city workers.  But, as the Detroit Free Press reports, attorneys for the city requested a five minute delay.  Ronald King, attorney for the retirement system, agreed to the delay, and during the five minute respite, city attorneys filed for bankruptcy protection in another court, thereby thwarting the attempt to preserve pension benefits.

Ingham County Judge Rosemarie Aquilina later told King "It was my intention to grant your request," referring to the injunction which would have stopped the bankruptcy filing.

Read more at ThinkProgress.
Filed Under :
Topics : LaborSocial Issues
Location : Detroit
07/19/2013 1:20PM
MI Governor Snyder Steals Pensions Out from Under Pensioners
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