Sen. Levin Says GM Should Cover Delphi Pension 9-14-2010 - WNEM TV 5

Sen. Levin Says GM Should Cover Delphi Pension 9-14-2010

Michigan's senior U.S. senator wants General Motors Co. to reconsider its decision to not cover pension benefits for salaried retirees at the company's former parts unit.
According to the Detroit News, Sen. Carl Levin urged GM to pick up the costs of 22,000 salaried and some hourly retirees at Troy-based Delphi Corp.
In a letter to GM's new CEO Daniel Akerson, Levin wrote, "In keeping with GM's tradition of commitment to its employees, and in light of the improved circumstances of GM, I urge you to review the decision not to cover the pension benefits for some Delphi retirees and to consider bringing all interested parties to the table in an attempt to bring a fair and equitable resolution to this situation."
The company and retirees have been fighting in court over the benefits ever since GM terminated its pension plans in July 2009 while in bankruptcy.
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