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Nearly $1 Billion in Bonuses Paid from Ailing Detroit Pension Fund
Detroit Free Press 
Sept. 8, 2013
"One of Detroit's two pension funds handed out nearly $1 billion in bonus cash payments over two decades to retirees and active employees' retirement accounts instead of reinvesting the extra earnings for the future ... The payments, often referred to as a '13th check,' ... [increased] the amount the city needed to contribute each year to keep the pension fund solvent."
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