Approximately 42,000 salaried retirees and surviving beneficiaries will be eligible to receive a voluntary single lump-sum payment option. GM plans to purchase a group annuity contract from ...

A bipartisan bill aimed at restoring pensions for thousands of Delphi Salaried Retirees in Ohio has been reintroduced. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] Congressman Mike ...

General Motors continued contributing to union-represented retirees, but salaried retirees were left with substantially reduced pensions. Those salaried retirees have argued the administration of ...

General Motors continued contributing to union-represented retirees, but salaried retirees were left with substantially reduced pensions. Those salaried retirees have argued the administration of ...

The legislation seeks to restore pensions for over 20,000 Delphi salaried retirees, including thousands in Indiana. When General Motors filed for bankruptcy during the Great Recession, the U.S ...

GM will no longer make contributions to its salaried employees' 401(k) retirement plans, and its severance packages will also be cut back. GM had previously contributed 20 cents (down from 50 ...

Dealers say employee and retiree incentives drive majority of EV sales, helping make Michigan No. 2 market for electric vehicles.

MICHIGAN (WNEM) – Congresswoman Kristen McDonald Rivet (MI-08) introduced the Susan Muffley Act of 2025, which is a bipartisan bill to restore the pensions of Delphi salaried retirees.

The group is retired, salaried workers who put in 30, 40, and even 50 years for General Motors and Delphi. When GM first went bankrupt and then was bailed out in 2006, they say their pensions went ...