Pensions and $15 lunches heat up talk in Detroit - FOX 35 News Orlando

Pensions and $15 lunches heat up talk in Detroit

Posted: Updated:
SOUTHFIELD, Mich. (myFOXDetroit.com) -

Wednesday, July 10, Detroit's union leaders and pension board members filed into yet another meeting to discuss something that many once believed was untouchable - pensions. But it was yet another meeting that proved to be unproductive.

"I'm angry. I'm frustrated. That's all I got from the meeting," Joe Barney, Detroit EMS Union rep tells Fox 2's Alexis Wiley.  

Emergency Manager Kevyn Orr has made it clear: The city cannot meet its obligations, and retirees and current employees could be forced to accept changes, and pay the price.

"Under the state constitution, absent bankruptcy, the parties do not have the authority, that I'm aware of, to sit down at the table, and reduce or diminish or impair retirement benefits at any level once they're accrued," explains Michael Vanoverbeke of the General Retirement System.

But just as Detroit union leaders were meeting with consultants and attorneys, sources tell us Wall Street creditors had a gripe of their own - and this time they weren't complaining about being offered millions less than they're owed. They're upset Detroit didn't pick up the tab for their lunch - a $15 cost.

"I was told, I'm just the same as those people that refuse to come to this city. I'm here every day. As soon as I leave here, I'll be on an ambulance. I'm not scared to show my face in this community. My dollars, as far as I'm concerned, are my numbers, means a little more than that banker that's in New York," Barney adds.

Wall Street creditors are expected to go back to New York and New Jersey sometime Thursday. Meanwhile, meetings with the unions and pension board members will continue.

  • Local NewsLocal NewsMore>>

  • Van Dyke Construction Scheduled Today

    Van Dyke Construction Scheduled Today

    Monday, April 21 2014 3:48 AM EDT2014-04-21 07:48:59 GMT
    A massive construction project is underway in Macomb County. If you travel on Van Dyke, you know how rough it is. Now, jackhammers are out there tearing up a two-and-a half mile stretch from 11 Mile to Chicago Rd. The road will be milled, then resurfaced with asphalt. New curbs will be installed. Nine intersections get new traffic signals. Sidewalks will be ramped to comply with the Americans with Disabilities Act. Weather permitting, the project will be finished this summer.
    A massive construction project is underway in Macomb County. If you travel on Van Dyke, you know how rough it is. Now, jackhammers are out there tearing up a two-and-a half mile stretch from 11 Mile to Chicago Rd. The road will be milled, then resurfaced with asphalt. New curbs will be installed. Nine intersections get new traffic signals. Sidewalks will be ramped to comply with the Americans with Disabilities Act. Weather permitting, the project will be finished this summer.
  • Chrysler Expanding Presence in China

    Chrysler Expanding Presence in China

    Monday, April 21 2014 3:32 AM EDT2014-04-21 07:32:50 GMT
    Fiat and Chrysler announced plans this weekend to build three new Jeep models in China for that market, the biggest for the vehicles outside the United States, as they attempt to boost sales in a country where they lag behind their competitors. The automakers said they will expand their joint venture with China's Guangzhou Automobile Group Co. Ltd., and increase the portfolio of Jeeps, which are currently imported to China. Production is expected to start in late 2015.
    Fiat and Chrysler announced plans this weekend to build three new Jeep models in China for that market, the biggest for the vehicles outside the United States, as they attempt to boost sales in a country where they lag behind their competitors. The automakers said they will expand their joint venture with China's Guangzhou Automobile Group Co. Ltd., and increase the portfolio of Jeeps, which are currently imported to China. Production is expected to start in late 2015.
  • Ford at the Beijing Auto Show

    Ford at the Beijing Auto Show

    Monday, April 21 2014 3:27 AM EDT2014-04-21 07:27:48 GMT
    Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry. Automakers are looking to China's biggest auto show this year to help boost sales in this huge but cooling market. Total sales last year reached 17.9 million vehicles, but growth is expected to slow from 15.7 percent to as low as 8 percent, even as newcomers including Lincoln and Tesla enter the market.
    Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry. Automakers are looking to China's biggest auto show this year to help boost sales in this huge but cooling market. Total sales last year reached 17.9 million vehicles, but growth is expected to slow from 15.7 percent to as low as 8 percent, even as newcomers including Lincoln and Tesla enter the market.
Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices