Mayor Mike Duggan in his State of the Union address on Tuesday said that city lawyers are looking into litigation against high-paid consultants who underestimated pension debt during the city's bankruptcy case, MLive.com reported yesterday. It was Duggan's third State of the City speech, but his first after running day-to-day operations for a significant amount of time. Duggan took office at the start of 2014, when the city was still in bankruptcy and under control of a state-appointed emergency manager. Emergency management ended in December 2014 after Detroit exited bankruptcy, and while a financial advisory board maintains budget oversight, Duggan controlled city government throughout 2015. Early in the speech, Duggan lamented a costly miscalculation that occurred during the city's bankruptcy case. After a 10-year post-bankruptcy honeymoon period ends in 2024, the city will have to pay $193 million in contributions to the city's old pension systems, far more than the $111 million projected in the bankruptcy plan.
