Staff report
Delphi salaried retirees created an online national petition to garner support for its 22,000 retirees who lost up to 70 percent of their pensions along with all health care and life insurance benefits in the Delphi/GM bankruptcies.
The Delphi salaried retirees were the only large group of former employees who were not protected in the U.S. Treasury Department’s reorganization and recovery of the American auto industry. Other employees such as the United Auto Workers union received their full pension because government funds were used to meet shortfalls.
The salaried retirees are circulating the petition to show the public “does not support the Obama administration’s unfair treatment of the Delphi salaried retirees, nor its inaction to resolve this issue,” according to the release. The workers claim the administration picked winners and losers during the GM reorganization.
The petition will be submitted to the Treasury Department, the Auto Task Force, members of Congress and the Obama administration.
It can be signed online at http://www.delphipetition.com/.
Comments
I'm sure this was a simple oversight on the part of the Obama Administration.
Has anyone brought it to the attention of the President?
He will straighten it out and see that you get your benefits......
Just this week an Obama political add showed that he not only save American jobs at GM and Chrysler but also at Honda, KIA and Hyundai in Ohio.
Ohio owes him their vote in November...
My don't we think we are special,what about the thousands of steel workers that lost there pensions when the mills shut down ????
If you feel that you deserve your pensions funded at 100 percent than every steelworker
that lost there pensions has the same right.
Our elected officials should take note WE CAN
STILL VOTE
Delphi salary retires. Grows some B!!!!s. The only way to get GM to talk is to boycott their products. You and your kids and their kids must stop buying GM products. I am a retired GM salary worker. They are now giving up any ties that we once worked for them buy selling our pension to an insurance company. They are coming after the UAW retires next!!!!. Stop supporting them or stop crying. They want no ties with any of us.
That money is gone...move on and make the best of it....there is no retirement in this country any longer unless the individual funds it himself.