Building unions OK giving to Detroit retiree costs

By: Associated Press
By: Associated Press

LANSING, Mich. (AP) - Mediators in Detroit's federal bankruptcy case say building trade unions agree to contribute to a fund to cover retirees' benefits.

Republican state House Speaker Jase Bolger of Marshall made union contributions to the pensions a condition for state aid, designed to protect the Detroit Institute of Arts' collection from sale to cover the costs.

U.S. District Court mediators issued a statement Monday saying the Michigan Building and Constructions Trades council "will be participating in the so-called 'grand bargain'" by contributing an undisclosed amount to retiree health costs.

MLive.com says Bolger calls the union move a "huge step forward."

A House committee vote is scheduled Tuesday on giving $195 million to an $816 million package to help Detroit emerge from bankruptcy. Foundations, philanthropists and the museum also are contributing.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WNDU - Channel 16 54516 State Road 933 South Bend, IN 46637 Front Desk: 574-284-3000 Newsroom: 574-284-3016 Email: newscenter16@wndu.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 259880491 - wndu.com/a?a=259880491