News Room

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Current News

Are you ready to retire? How about your pension?

Wednesday, October 28, 2015

Retirement is a big step in life, a step we all will have to take at some point in our lives. Read More »

Keep your income stream flowing through retirement

Thursday, October 08, 2015

Getting pre-retirees to view their retirement savings as a monthly paycheck is still an uphill battle Read More »

Will Detroit’s Success Encourage More Cities to File for Bankruptcy?

Wednesday, August 19, 2015

Call it moral hazard. Detroit was one of very few cities to go into bankruptcy. It emerged a mere 16 months later and its finances are improving. On July 30, Moody’s Investors Service upgraded Detroit’s credit rating. Read More »

Eight Things We Learned from the Detroit Bankruptcy: Thompson Coburn

Wednesday, August 19, 2015

Detroit’s historic trip through Bankruptcy Court ended in December 2014 with the confirmation of the City’s Plan of Adjustment, which trimmed $7 billion in debt from the city’s balance sheet and promised improved resident services. Read More »

City of Detroit Healthcare Trust (VEBAs) Close on Financing

Thursday, July 02, 2015

The City of Detroit Police and Fire Retiree Healthcare Trust and the General Retiree Healthcare Trust (the “VEBAs”) have closed on their financing with Citibank to provide two-year, short-term financing. The short-term financing will allow the VEBAs to continue to pay current retiree hea... Read More »

Post-Bankruptcy Informational Meeting Scheduled for GRSD and PFRS Retirees

Tuesday, May 26, 2015

Please join us Wednesday, June 10, 2015 2:00 p.m. – 5:00 p.m. Fellowship Chapel 7707 W. Outer Dr. Detroit, MI 48235 The General Retirement System and the Detroit Police and Fire Retirement System informational meeting will provide updates to retirees on post-bankruptcy issues. In... Read More »

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Jun

22

____________________________________________________________________________ The Retirement System City of Detroit has partnered with BidNet Direct as part of the MITN Purchasing Group

The Retirement System City of Detroit has partnered with BidNet Direct as part of the MITN Purchasing Group and will post their bid opportunities to this site.  As a vendor, y...

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Apr

10

New look to checks and check stubs coming soon

RSCD is in the process of changing their payroll processor, therefore your check stub or check will have a different look.  If you are receiving two checks or stubs they will ...

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