Legal

Since filing for bankruptcy in August 2012, the city has been mired in court fights against creditors including Calpers and the unions, while creditors vie with each other.

A retired doctor and six others are alleging Novants plan saw a more than 10-fold increase in fees over three years and contains costly investment choices.

Many times the fee disclosures come in the form of lengthy documents or the information is spread out over multiple documents.

Dozens of residents and organizations turned up at a Connecticut Senate committee hearing today to voice their support for a proposal that would set up a state-run retirement plan open to all Connecticut residents and businesses.

The summary states that the initiative eliminates constitutional protections for vested pension and retiree health care benefits for current public employees, including teachers, nurses, and peace officers, for future work performed.

The bungalow suburb of 37,000 residents asked Michigan for a review of its finances, which are so shaky that it diverted $2.5 million to pensions from a water and sewer account.