Legal

The Pension Rights Center tells lawmakers it doesnt agree with the idea of cutting existing benefits to retirees.

Detroit's emergency manager faced tough cross-examination Tuesday from lawyers for unions and retirees as he defended his decision to take the city into bankruptcy without first striking a deal to prevent pension cuts.

The House has approved a bill that would delay rules for brokers who provide financial advice to retirees.

Retail Investor Protection Act will come up for a vote on Tuesday, and is likely to pass.

A district court ruled that the Pension Benefit Guaranty Corp. cannot force the termination of a pension plan without a court order.

Detroit's emergency manager testified Monday that he had thought as late as June that a bankruptcy filing could be avoided but that he knew time was running out for the city and its creditors to agree concessions.