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Federal Role in Delphi Pension Flap Confirmed; Salaried Retirees Encouraged
The Buffalo [NY] News
Sept. 11, 2013 "A federal inspector general [has] confirmed what the employees had long suspected: that while negotiating General Motors' structured bankruptcy in 2009, federal officials played a role in the decision to make sure that most of Delphi's unionized retirees would get their full pensions, but the salaried retirees would not. That fact, combined with court orders forcing the government to turn over documents regarding the auto bailout that the government had long fought to keep secret, gives the salaried workers at least a little hope that some day they may get their full pensions back." MORE >> |
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