Legislation would require spending disclosure by Detroit pension boards

Sarah Hulett — Wed, 16 Feb 2011 22:29:16 +0000

Detroit’s two pension boards would be required to post all of their spending online, under a bill before the state House.

The legislation is a response to stories published in 2009 about board members’ travel expenses. The boards’ trustees, their attorneys and staff racked up bills totaling hundreds of thousands of dollars for trips to places like Singapore, Hong Kong and Dubai.

State Representative Tom McMillin in the bill’s sponsor:

detroit pension board

Legislation would require spending disclosure by Detroit pension boards