General Motors Co. should follow the $4 billion contribution it made Thursday to pension plans for its workers and retirees by doing "the right thing" for Delphi Corp. retirees' pensions, U.S. Sen. Sherrod Brown, D-Ohio, said Friday.
"General Motors did right by their current and retired employees by paying into the pension fund, and now it's time for them to do the same for Delphi retirees," Brown said in a written statement. "I remain deeply concerned over the company's conspicuous silence regarding the pensions and health benefits for thousands of salaried and union Delphi retirees."
Brown noted many Delphi retirees "devoted their careers" to GM, adding the company should reward their loyalty.
"As General Motors continues to reap financial benefits from its restructuring and successful IPO, they must do their duty by the Delphi retirees," he said.
Bruce Gump, chairman of the Warren Legislative Group in the Delphi Salaried Retirees Association, welcomed Brown's remarks, noting, "General Motors has continued to ignore (its) promises to people who spent 25 to 40 years working for them, and believed the promises they made regarding pensions and health care insurance.
''These retirees ask only to be treated fairly along with all the others who have received full funding with money provided by the U.S. taxpayers,'' he said.
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