Jan. 16– Imagine Steve Wojtowicz’s start to the year: Does the city of Detroit retiree hand over $89,000 in a lump sum in the city’s historic bankruptcy? Or does he watch $600 a month get deducted from his pension check to cover money owed back to the city from an annuity savings plan? Wojtowicz is one of about 6,000 city of Detroit retirees who face the dilemma.
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