Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Place An Ad | All Access E-Edition | Home RSS
 
 
 

Rep: Release Delphi records

Retirees continue fighting to make pensions whole

June 11, 2013

WARREN — Saying the investigation of cuts to Delphi salaried retiree pensions has “dragged on for far too long,” a Congressional subcommittee chairman on Monday said he will subpoena government......

« Back to Article

 
 
sort: oldest | newest

Comments

(116)

liemonger

Jun-14-13 8:07 PM

"usblues/itsnoteasy & liemumbler don't care one iota about the salaried retirees getting topped up."

I care about the rule of law, retard.

Something you'd never grasp.

Bottom line is a simp like you wouldn't understand making an issue like bailouts, spying, or unleashing the IRS on ANYONE based on towing a line.

You're just to dumb to get that.

3 Agrees | 1 Disagrees | Report Abuse »

ItIsntEasyBeingFree

Jun-14-13 7:40 PM

Well that's interesting itseasy that must mean that you agree with the auto bailout because NONE of these things could have happened without the Obama bailout.

No I don't agree with Bailout! Glad you recognize one GM would not have taken care of union workers without Obama and that the other workers got into this plight because of Obama.

Never will be a Bolshevik like you! Your a traitor to our republic!

2 Agrees | 1 Disagrees | Report Abuse »

reallytiredofit

Jun-14-13 4:02 PM

Well that's interesting itseasy that must mean that you agree with the auto bailout because NONE of these things could have happened without the Obama bailout. I'm glad to have you on board as a liberal.

1 Agrees | 1 Disagrees | Report Abuse »

ItIsntEasyBeingFree

Jun-14-13 1:39 PM

See Sam, people like usblues/itsnoteasy & liemumbler don't care one iota about the salaried retirees getting topped up

Wrong, I hope these people win! I hope it has positive impact for the hourly folks too!

1 Agrees | 1 Disagrees | Report Abuse »

reallytiredofit

Jun-14-13 8:01 AM

You are correct Sam, what is needed by our congress on this issue is not political posturing and phony rhetoric but rather legislation that would change the bankruptcy laws in a way that would place the employees earned pension above all other creditors. Most of todays corporate bankruptcies are a planned business strategy designed to shed all post retirement benefits of the employees. When a corporation like General Motors refuses to follow that trend and continues to accept responsibility for their retirees financial wellbeing after bankruptcy they deserve applause.

1 Agrees | 2 Disagrees | Report Abuse »

ItIsntEasyBeingFree

Jun-14-13 12:22 AM

Thinking would be required.

You don't qualify.

That's right monger! Realtired has a better chance of success at attempting the impossible with nothing! Samtardigh too!

1 Agrees | 2 Disagrees | Report Abuse »

liemonger

Jun-13-13 11:54 PM

"I call it just plain smart."

Thinking would be required.

You don't qualify.

2 Agrees | 2 Disagrees | Report Abuse »

liemonger

Jun-13-13 11:53 PM

"I don't call that unfair or unbalanced."

You are unbalanced.

2 Agrees | 2 Disagrees | Report Abuse »

liemonger

Jun-13-13 11:53 PM

"

Agree | Disagree

In the end GM was able to secure modifications to their labor agreements that will save hundreds of millions of dollars over the life of the contract and secured labor peace far into the future which has and will continue to help them rebuild their business."

At a cost of BILLION to taxpayers.

You forget that part, simp?

2 Agrees | 2 Disagrees | Report Abuse »

reallytiredofit

Jun-13-13 8:31 PM

In the end GM was able to secure modifications to their labor agreements that will save hundreds of millions of dollars over the life of the contract and secured labor peace far into the future which has and will continue to help them rebuild their business. I don't call that unfair or unbalanced. I call it just plain smart.

1 Agrees | 3 Disagrees | Report Abuse »

reallytiredofit

Jun-13-13 8:26 PM

Sam, That's not the right way to say it. As long as the labor agreements were in effect GM was legally obligated to adhere to it. When a corporation files for protection from their creditors in chapter 11 they are required to submit a list to the bankruptcy court a plan to exit bankruptcy. Included in that plan they must list the contracts they are a party to, what contracts they wish to keep, what contracts they wish to modify, and what contracts they wish to terminate. Right from the beginning of GM's they made it known to the court that they did not intend to cancel their labor agreements with the various unions throughout the corporation. They, GM, chose to negotiate suitable and acceptable modifications to the various contracts with the unions. The IUE-CWA did in fact negotiate with GM, and those negotiations resulted in the September 2009 contract settlement that I spoke about earlier. In my view GM took the responsible approach to their labor agreements.

1 Agrees | 3 Disagrees | Report Abuse »

jtoday

Jun-13-13 5:27 PM

Interesting that nobody has disputed the facts presented by really tired of it.

2 Agrees | 3 Disagrees | Report Abuse »

ItIsntEasyBeingFree

Jun-13-13 4:56 PM

So finally delphiretiree , Yes General Motors COULD HAVE requested that their labor agreements be canceled by the court. They however DID NOT make that request. No they decided to HONOR the commitments they had made as the best course of action for a healthy relationship with it's employees.

That's just how dumb you really are!

1 Agrees | 2 Disagrees | Report Abuse »

reallytiredofit

Jun-13-13 10:59 AM

So finally delphiretiree , Yes General Motors COULD HAVE requested that their labor agreements be canceled by the court. They however DID NOT make that request. No they decided to HONOR the commitments they had made as the best course of action for a healthy relationship with it's employees. Whether YOU agree with that decision is immaterial. No, Delphiretiree, because General Motors decided to honor their commitment to the Hourly employees does not grant to you additional rights that YOU DID NOT ALREADY POSSES.

2 Agrees | 2 Disagrees | Report Abuse »

reallytiredofit

Jun-13-13 10:49 AM

..... But GM didn't choose to abandon their commitments that they had made. That was an honorable decision on their part. YOU had no commitment for them to even consider canceling.

2 Agrees | 3 Disagrees | Report Abuse »

reallytiredofit

Jun-13-13 10:46 AM

In truth and using YOUR word "HAD" General Motors sought to and was successful at terminating the labor agreement that would not have done ONE THING to alleviate the situation YOU now find YOURSELF in regarding YOUR pension. At no time did General Motors EVER commit to pay post retirement benefits to their former Salaried employees at Delphi. YOUR pension would have been reduced once the plans were taken over by the PBGC. There is NO WAY YOU could have prevented such an action. In the end YOU would still be without YOUR full pension. YOU would be happy with that though because everybody would be out.

2 Agrees | 3 Disagrees | Report Abuse »

reallytiredofit

Jun-13-13 10:38 AM

If YOU would go to the web site I submitted and read the documents then EVEN YOU would understand the relationship between old and new GM with regard to the labor agreements with the IUE-CWA. If YOU are so jaded that you cannot even except the that the September 2009 contract settlement is binding on GM and refuse to even acknowledge that it exists then you are doomed to be miserable and confused for the remainder of your life.

2 Agrees | 3 Disagrees | Report Abuse »

DelphiRetiree

Jun-13-13 9:16 AM

Labor agreements existed with OLD GM. OLD GM vanished in bankruptcy. NEW GM started with an empty slate in bankruptcy. And Obama made sure that his union voters were protected...with BILLIONS of taxpayer dollars. Those are the FACTS.

4 Agrees | 1 Disagrees | Report Abuse »

DelphiRetiree

Jun-13-13 9:00 AM

And NONE of those "commitments" were legally binding in bankruptcy. You are a LIAR!

4 Agrees | 1 Disagrees | Report Abuse »

DelphiRetiree

Jun-13-13 8:56 AM

Oh BULL. The point is that GM CHOSE to continue pension payments that left the union totally untouched. At the direction of the Obama Administration's Treasury, GM was told that the unions would be left unscathed. The Government committed grave discrimination by selectively choosing, and the PBGC committed fiduciary unlawful negligence. Your continued twisting of words is a blatant LIE, and you know it. GM & Obama made CHOICES. They were NOT legally bound to honor an obsolete contract in bankruptcy. You are a LIAR.

4 Agrees | 2 Disagrees | Report Abuse »

reallytiredofit

Jun-13-13 8:50 AM

As the documents will show General Motors made specific commitments to the Hourly unionized workforce, relative to the spin off of Delphi Corporation, that were not granted to the salaried workforce. General Motors recommitted to those agreements in 2006, and again in September 2009. It is important to note that General Motors kept their word and will top up EVERY employee that they committed themselves to. Those employees that had no specific commitments from General Motors regarding post retirement benefits have not been topped up.

0 Agrees | 5 Disagrees | Report Abuse »

reallytiredofit

Jun-13-13 8:41 AM

Let's just cut out all the crap and let the actual documents from the bankruptcy process and the bargaining agreements speak for themselves.

1 Agrees | 5 Disagrees | Report Abuse »

Goneforgood

Jun-13-13 12:00 AM

Well now that’s a new one Dos, claiming to be me……Only in your dreams.

3 Agrees | 0 Disagrees | Report Abuse »

ItIsntEasyBeingFree

Jun-12-13 11:51 PM

Yea, you are. The last in America of a dead breed of overpaid, undereducated selfish boomers.

Mr. Entitled!

4 Agrees | 1 Disagrees | Report Abuse »

DelphiRetiree

Jun-12-13 11:50 PM

LOL, another "success" story from the Arbogast trailer park.

3 Agrees | 0 Disagrees | Report Abuse »

Showing 25 of 116 comments Show More Comments
 
 
 

 

I am looking for: