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Lawsuit filed over Michigan pension takeover
By Ginny KiplingTwo Detroit pension boards have filed a federal lawsuit over Michigan Gov. Rick Snyder's new law that gives emergency managers control over employee pensions.
As corporate and public pensions struggle, pension plan sponsors and advisors need to stay abreast of the latest regulations, problems, litigation, and solutions. From news about failing pensions to analysis of how successful pensions operate, you'll avoid mistakes and make better decisions.
Two Detroit pension boards have filed a federal lawsuit over Michigan Gov. Rick Snyder's new law that gives emergency managers control over employee pensions.