A Closer Look at Detroit's Debt Crisis

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  • Kevyn Orr
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  • Kevin Orr, Detroit
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Deferral of Pensions

It appears former emergency responders will take the largest hit during Detroit's restricting. By the end of the year, the city of Detroit expects to have deferred more than $100 million in retirement pensions for police and fire personnel; as of May 2013, the city deferred approximately $54 million and stands to defer approximately $50 million on June 30, according to the report. (Photo: Bill Pugliano/Getty Images)