AP Interview: Detroit's top official says pension cuts inevitable even with $500M fundraising

  • by: COREY WILLIAMS , Associated Press
  • Updated: December 12, 2013 - 5:50 PM

DETROIT — The pensions of Detroit city retirees won't be immune to cuts despite a private effort to raise $500 million to help the city eventually emerge from bankruptcy, emergency manager Kevyn Orr said Thursday in an interview with The Associated Press.

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