DETROIT
08/02/2013 01:18 pm ET Updated Oct 02, 2013

Analysis Shows Detroit Pension Funds In Better Shape Than Orr Says | Detroit Free Press | Freep.com

AP

The battle over the health of the city of Detroit pension funds flared again Friday when the Bond Buyer, a Wall Street publication, reported on a new analysis showing that the pension funds' optimistic assessments "fall mostly within accepted industry standards."

Kevyn Orr, the city's emergency manager, has estimated the underfunding of the city's two pension funds at $3.5 billion.

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