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Retirees take last shot to save pensions after being rejected by courts - Vimarsana News

Retirees take last shot to save pensions after being rejected by courts

The retirement package for Delphi Corp. employees was slashed when General Motors went into bankruptcy in 2009. Some lost retirement savings and health coverage.

Rejected by courts, retirees take last shot to save pensions - New Delhi Times - India Only International Newspaper - Vimarsana News

Rejected by courts, retirees take last shot to save pensions - New Delhi Times - India Only International Newspaper

Dave Muffley thought he had it made when it came to a solid retirement. The Indiana man spent roughly 30 years as a salaried maintenance technician for Delphi Corp., a subsidiary of General Motors Corp., and expected to retire with a comfortable income by the time he hit 62. But when GM plunged into the…