bankrupt-municipalities

Detroit government pensioners caught a bad case of the flu when the city declared Chapter 9 Bankruptcy. It’s about to spread to other financially strapped cities across America that are desperately looking for ways to reduce legacy expenses.

Throwing the medical benefits monkey off municipal backs and onto the federal government’s Obamacare may become popular, but it’s more bad news for retired government workers. Read more…

 

Related Articles:
Career Encore or Retirement?
When Boomers Go Boom!
Is Being and Expat In Your Future

 

 

We’d love to hear your questions or comments below. Thank you.