Detroit retirees concerned about city's bankruptcy

3:53 PM, Jul 19, 2013   |    comments
  • Share
  • Print
  • - A A A +

MILFORD, Mich. (WDIV) -- Ken and Linda Peltier live on a farm in Milford, Michigan.

They love their retirement but worry that their lives may change dramatically. Both of them are former Detroit police officers.

"Everybody's living in fear right now of what's going to happen -- fear of the uncertainty," said Linda.

If Thursday's bankruptcy filing is approved by the courts the couple's pensions could be cut. By how much, they don't know.

"We paid into that pension. That isn't something that was given to us. We paid a percentage of our wages every year into that. So it's not something that's being given to us. It's our money," said Ken.

Most Watched Videos