DETROIT -

Members of Detroit City Council are expected to vote on a proposal to freeze the pension credits for a year for city employees.

Detroit Mayor Dave Bing has said the pension freeze would save the city approximately $25 million.

Read more: Detroit mayor says he has plans to save city millions

Detroit money crisis graphic

The freeze would be applied to all employees who are eligible for pensions through the city’s General Retirement system – including firefighters and police.

A state of Michigan audit of Detroit’s financial crisis is complete and showed Detroit operating at a deficit of $327 million.

Special section: Detroit in financial crisis