Jan 31 A settlement in principle has been
reached over healthcare benefits for Detroit's retired workers,
federal court mediators working on the city's historic
bankruptcy case announced Friday.
Retired workers had sued the city over its plan to move some
of them on to Medicare, while others would be given a monthly
stipend to purchase health insurance through federal Affordable
Care Act exchanges.
"Following completion and signing of a mediation agreement,
the parties will submit a stipulation to the bankruptcy court
dismissing the lawsuit," a statement from the mediators said.
Details of the settlement, which extends through the end of
2014, were not disclosed in the statement.