Detroit Schools ‘Misplace’ $30 Million from Feds for Pensions

Detroit cc(From For the Record)

The Detroit News reported this week that the U.S. Department of Education allegedly gave Detroit Public Schools $30 million to help it pay required contributions to an employee pension fund, but the school district never sent the money into the state-run system. The $30 million was supposed to cover pension contributions for DPS employees whose pay came from federal grants.

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