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Detroit Mayor Dave Bing, right, meets with City Council President Charles Pugh before presenting his budget to the council, Tuesday, April 12, 2011 in Detroit. Bing delivered his $3.1 billion budget proposal for the 2011-2012 fiscal year. He seeks $200 million in savings during the fiscal year that starts July 1. (AP Photo/Carlos Osorio)

DETROIT (AP) — Proposed cuts to pension payouts and health care would save Detroit about $120 million annually over four years and help leave the city with a budget surplus of $89 million, according to Mayor Dave Bing’s deficit elimination plan.

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