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In a motion asking the judge to reconsider his stance, attorneys for the PFRS said the Plan of Adjustment had not spelled out the rate of return or amortization period beyond the summer of 2023.

The Common Retirement Fund's investment return was -4.14% in the year ended March 31 and the total value was $248.5 billion, said state Comptroller Thomas P. DiNapoli, the fund's sole trustee.

As the 10th anniversary of Detroit's historic bankruptcy filing approaches, retirees want more relief. So far, though, nothing is on the horizon.

As the 10th anniversary of Detroit's historic bankruptcy filing approaches, retirees want more relief. So far, though, nothing is on the horizon.