Posted inBusiness Watch

Retirees sweat as courts weigh cuts to pension and health care

It’s a battle cry that began in Detroit and is spreading to other Michigan cities: “Don’t touch my pension.” To that, many of the state’s retired municipal employees are adding another caveat: “And leave my medical insurance alone, too.” With Detroit in bankruptcy court, employees and retirees of other Michigan local governments are watching warily, […]

Posted inBusiness Watch

As Kalamazoo stalled, its neighbor curbed retiree health-care costs

City Manager Maurice Evans: “In hindsight, I would say city officials were looking at long-term expenses.” (photo by Ted Roelofs) KALAMAZOO/PORTAGE – A quick drive through Kalamazoo and its bordering neighbor to the south, Portage, reveals some obvious differences. Others are less so. Kalamazoo, older and more ethnically diverse, has its share of historic downtown […]

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