Robert Snell - Detroit's two multibillion-dollar pension funds for city workers are poised to invest money for the first time since the city emerged from bankruptcy and a public corruption scandal cost retirees more than $97 million. The funds control $5 billion in assets and are at a pivotal moment to pick new investments designed to reap returns for more than 25,000 retirees, active workers and beneficiaries reeling from pension and benefit cuts that helped Detroit exit the largest municipal bankruptcy in U.
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