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Detroit Emergency Manager to meet with union representatives

Detroit's emergency financial manager Kevyn Orr talks to members of the media outside the Detroit Newspapers building about the report he de
Detroit's emergency financial manager Kevyn Orr talks to members of the media outside the Detroit Newspapers building about the report he de

DETROIT (WKZO) -- Emergency Manager Kevyn Orr will meet with union leaders and pension fund representatives on Thursday.

Orr will reportedly be seeking reduced retirement payouts for approximately 30-thousand city employees.  According to Orr’s spokesperson Bill Nowling, the move would lower the city’s unfunded pension liability.

If the union and pension representatives refuse to budge on the issue, Orr has indicated he is prepared to file bankruptcy for the city.

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