Local governments and police and firefighter unions are keeping a close eye on hearings to begin this week at the state Capitol. GOP leaders are proposing more aggressive state oversight of local retirement funds.
Rick Pluta reports on the start of hearing at the Michigan Legislature regarding pension costs.
Unanswered questions force the Washtenaw County Board of Commissioners to shelve a plan to sell 300-million dollars in bonds to cover future retiree health care and pension costs.
Washtenaw County officials are, for now, shelving a plan to sell hundreds of millions of dollars in bonds. As WEMU's Andrew Cluley reports, the money generated from the sale would have covered future retiree health care and pension costs.