By Melanie Hicken | CNNMoney.com –
On average Detroit's firefighters, police officers and other city employees receive pension checks that are similar or slightly smaller in size than the national average of $30,000 a year, according to pension experts. But compared with larger cities that have higher living costs, like Chicago and Los Angeles, Detroit's pensions checks often pale in comparison.
"My basic takeaway was that [Detroit's] pension system itself was not overly generous
Read the entire article by clicking on the following: Just How Generous Are Detroit's Worker Pensions for Retirees? - Yahoo! Finance
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