You would retire with a good pension,” said Berent, who told The Associated Press that his monthly pension payments will be more than $1,000 lower than expected due to the bankruptcy. “You become a firefighter because that’s your passion and you’ll make a decent living. But Berent and others who spent years on Detroit’s payroll say they can’t help but feel left behind. city to file for bankruptcy.Ī decade later, the Motor City has risen from the ashes of insolvency, with balanced budgets, revenue increases and millions of dollars socked away. Thousands of city employees and retirees lost big on July 18, 2013, when a state-appointed manager made Detroit the largest U.S. “A second job affords you to have a little bit of extra.” “I’m trying to put as much money away as a I can,” said Berent, who also works in sales. DETROIT (AP) - Mike Berent has spent more than 27 years rushing into burning houses in Detroit, pulling people to safety and ensuring his fellow firefighters get out alive.īut as the 52-year-old Detroit Fire Department lieutenant approaches mandatory retirement at age 60, he says one thing is clear: He will need to keep working to make ends meet.
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