UAW addresses fallacies, omissions in...

UAW addresses fallacies, omissions in NBC News report

There are 1 comment on the Sys-Con Media story from Nov 5, 2012, titled UAW addresses fallacies, omissions in NBC News report. In it, Sys-Con Media reports that:

All Delphi employees had their pensions terminated and put into Pension Benefit Guaranty Corporation , and only workers under a 1999 contract that required GM to cover Delphi pension shortfalls had their pensions made whole.

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Sam Mathers

United States

#1 Nov 30, 2012
There was no legal need for GM to top off the pensions of union represented employees only. All previous contracts were non-enforceable due to the GM bankruptcy. Unfortunately, due to political ties, the unions benefitted where others lost.

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