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AimPoint Pension
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Frustrated Detroit Workers Question Hybrid Pension Plan
Detroit Free Press June 24, 2014
"Under the new 'hybrid' plan, members of the Police and Fire Retirement System [PFRS] will contribute 6% of their weekly pre-tax base pay toward their pension and civilian workers who belong to the General Retirement System will contribute 4%. PFRS members hired after June 30 will contribute 8%. The city will match employees' contributions and pay into the pension funds."
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