US - Chrysler workers' fears were allayed yesterday as union bosses assured them new owners Cerberus would invest in its already overfunded pension fund.
In a web question and answer session, United Auto Workers (UAW) president Ron Gettelfinger and vice president, General Holiefield assured workers their pensions were safe. The union representative...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here