Does Mark Twain's quote still hold water for not having term-limited, full-time legislature?
How will Chrysler bankruptcy affect its retirees and its suppliers?

Michigan municipal employee pensions, too low or too high?

What about pensions for city employees in Michigan? You never hear any complaints about them being too high or two low or about pensions funds having a shortfall.

I think of this because of a LA Times story about former Los Angeles Police Chief and present city council member getting a $22,000 a month pension from his cop job and $178,789 in salary for being on the council.

Are there any retired Michigan city employees receiving six-figure pensions?