Auto Retiree Groups Push to Keep Benefits

Wall Street Journal

White-collar retirees of the Big Three auto makers and supplier Delphi Corp. are banding together in hopes of preserving their benefits and pensions.

Representatives of more than 200,000 salaried retirees from General Motors Corp., Chrysler LLC, Ford Motor Co. and Delphi this week plan to renew a push for a meeting with the Obama administration's auto task force.

Retirees at GM and Chrysler fear they could be stripped of many benefits in the government-led reorganization of those two companies. In March, Delphi, which has been stuck in bankruptcy protection for more than three years, cut the health-care benefits of its salaried retirees.

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