Delphi retirees launch petition, asking Obama to resolve pension - 21 News Now, More Local News for Youngstown, Ohio -

Delphi retirees launch petition, asking Obama to resolve pension and health cuts

Updated:

YOUNGSTOWN, Ohio - A group of Delphi salaried retirees are coming forward and claiming the Obama administration "unfairly picked winners and losers" in the government's auto recovery plan.

An online petition is being launched to support the 22,000 Delphi salaried retirees, who following the bankruptcies of General Motors and Delphi, lost up to 70% of their pensions, all of their health care and all of their life insurance.

The group claims the cuts are a result of President Obama's re-organization of the American auto industry, who although cut their benefits, used government financing to meet the pre-bankruptcy pensions of more than 500,000 union retirees.

"They can't be choosing winners and losers by saying we like this group, but we don't like that group," explained Delphi Salaried Retirees Association Vice-Chairman Bruce Gump. "That's what they did in this case and the whole community has been damaged as a result."

Of the 22,000 retirees affected, it's estimated 1,500 live in the Valley. As a result, a study prepared by Youngstown State University indicates the Valley has lost nearly $175 million of economic impact, along with more than 1,700 additional jobs.

"We've had a number of hearings in Congress," said Congressman Michael Turner of Dayton. "Trying to force the administration to come forward with the documents about how they took these pensions and health care benefits away. Really averting the normal bankruptcy process we expect in our country."

In a statement released by Obama for America, the Ohio Press Secretary Jessica Kershaw says, "Independent fact checkers have found the Delphi salaried pension plan was handled according to the standard procedure that applied in 34 other corporate bankruptcies that year."

Currently, the Delphi retirees and the U.S. Treasury are awaiting a ruling from a federal court determining if records of the decisions made during the auto bailout must be revealed.

  • SpotlightSpotlightMore>>

  • Updated

    The Scrappers host “POPS at the Ballpark” featuring the Youngstown Symphony Orchestra

    The Scrappers host “POPS at the Ballpark” featuring the Youngstown Symphony Orchestra

    Tuesday, April 15 2014 2:04 PM EDT2014-04-15 18:04:57 GMT
    NILES, Ohio – The Mahoning Valley Scrappers and the Youngstown Symphony Orchestra are excited to host one of the Valley's premiere summer events, POPS at the Ballpark,More >>
    NILES, Ohio – The Mahoning Valley Scrappers and the Youngstown Symphony Orchestra are excited to host one of the Valley's premiere summer events, POPS at the Ballpark, presented by Stanley E. Shearer with Northwestern Mutual and 21 WFMJ on Saturday, August 23, 2014 at Eastwood Field.More >>
  • Around the WebMore>>

  • Boston Marathon organizers confident of safe race

    Boston Marathon organizers confident of safe race

    Police stepped up patrols near the Boston Marathon finish line after a masked man walked in the street with a rice cooker in his backpack only hours after the city marked the anniversary of last year's deadly...More >>
    The arrest of a man with a rice cooker in his backpack near the Boston Marathon finish line led police to step up patrols Wednesday, while organizers sought to assure the city and runners of a safe race next week.More >>
  • Low of 19 degrees in Toledo breaks 139-year record

    Low of 19 degrees in Toledo breaks 139-year record

    Wednesday, April 16 2014 6:34 PM EDT2014-04-16 22:34:39 GMT
    TOLEDO, Ohio (AP) - Winter temperatures are refusing to go away in northwestern Ohio. The thermometer dropped to 19 degrees in Toledo Wednesday morning, breaking a 139-year-old record for the same dateMore >>
    TOLEDO, Ohio (AP) - Winter temperatures are refusing to go away in northwestern Ohio. The thermometer dropped to 19 degrees in Toledo Wednesday morning, breaking a 139-year-old record for the same dateMore >>
  • Break-in suspect rescued from Ohio restaurant vent

    Break-in suspect rescued from Ohio restaurant vent

    Wednesday, April 16 2014 6:26 PM EDT2014-04-16 22:26:35 GMT
    MANSFIELD, Ohio (AP) - Police say an Ohio man suspected of breaking into a restaurant overnight became stuck in a ventilation duct, triggered a fire alarm and had to be rescued by emergency responders. TheMore >>
    MANSFIELD, Ohio (AP) - Police say an Ohio man suspected of breaking into a restaurant overnight became stuck in a ventilation duct, triggered a fire alarm and had to be rescued by emergency responders. TheMore >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms