SAGINAW, MI (WNEM) -
A group of salaried retired workers with Delphi are fighting back.
The move comes after thousands of them lost a huge chunk of their pensions.
The workers are launching an online petition to get more support from the company. Congressman Dave Camp (R-Mich.) has asked the Obama administration to turn overall records that relate to the Delphi pension decision. A significant number of those who are affected live in Mid-Michigan.
To visit the website or sign the petition, click here. The video above is from that site.
A few weeks ago, a news report by The Daily Caller claims that emails show the U.S. Treasury Department was the main instigator behind the termination of 20,000 salaried retiree pensions at Delphi.
Delphi filed for bankruptcy protection in October 2005. Delphi terminated the pension plans in 2009, forcing the pension insurer owned by the federal government to assume responsibility of $6.7 billion in pension liability for 70,000 Delphi retirees. at that time, retirees stood to lose up to 70 percent of their pension.
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