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Detroit Pension Funds' 13th Check Approved by Judge, But Retirees Shouldn't Count the Money Yet
Detroit Free Press
Oct. 6, 2013
"Detroit's controversial 13th check got new life [on October 4] when an administrative law judge ruled that one of the city's two pension funds must be given the right to make retroactive bonus payments to retirees and active employees for 2011 and 2012. The recommended order ... is largely symbolic for now because U.S. Bankruptcy Judge Steven Rhodes may still block the payments.... [Judge Doyle] O'Connor acknowledged that his opinion might not mean much, saying it 'may well offer little more solace than an assurance of a full ticket-price refund offered while still on the sharply tilting deck of the Titanic.'"
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