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I was teaching a class today, and a person asked the same question that MikeyinBrooklyn did.

Obviously, BKGuy is an attorney, and so that's the legal answer. The reasoning behind it [[I infer) is...

So logical, in fact, it has me wonder why it took all these years, a bankruptcy filing, and then a judge's ruling before getting it done.

In his interview with the Freep this afternoon, Kevyn Orr alluded to having "multiple classes" of pension recipients getting different settlements. So it could be working vs. retired...it could be by...

Is there somewhere definitive that states that the funded portion of the pensions is untouchable by bankruptcy court? having a conversation with some clients and he is hearing from his union brothers...