Table 1
Proposed cuts to Detroit pensions
| General Retirement System members* | All Retirees | New Retirees | ||||
|---|---|---|---|---|---|---|
| (nominal $) | (real $) | (nominal $) | (real $) | |||
| Prototypical male worker who retires at 60 and dies at 81 | 24% | $126,595 | 22% | $76,205 | $155,010 | $105,710 |
| Prototypical female worker who retires at 60 and dies at 85 | 28% | $181,461 | 25% | $105,509 | $222,191 | $140,209 |
| Police and Fire Retirement System members** | All Retirees | |||||
| (nominal $) | (real $) | |||||
| Prototypical male worker who retires at 55 and dies at 82 | 16% | $181,683 | 14% | $107,604 | ||
| Prototypical female worker who retires at 55 and dies at 86 | 18% | $251,847 | 16% | $137,780 | ||
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