US - The Delphi Salaried Employees Association (DSEA) is considering taking legal action to oppose this week's ruling determining its affiliates' pension fund will be assumed by the Pension Benefit Guaranty Corporation (PBGC).
The company's modified reorganization plan approved last Monday (June 1) stated Delphi will abandon its pension fund as it emerges from bankruptcy. Under this plan, the hourly pension plan will ...
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