Delphi/Gm Pension Cuts a Bitter Pill ; the Delphi Salaried Retirees Group Is Suing Several Agencies in Order to Regain Full Pensions.

Summary


For Delphi salaried retirees, change is here -- or it's fast approaching.

In early March, some salaried retirees of formerly bankrupt Delphi began receiving notices that their pensions -- now controlled by the Pension Benefit Guaranty Corp. -- are being reduced.

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Extract


Delphi/Gm Pension Cuts a Bitter Pill ; the Delphi Salaried Retirees Group Is Suing Several Agencies in Order to Regain Full Pensions.

Others with certain family situations -- such as provisions ensuring that a spouse will receive part of a pensi...

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