Trump orders review of auto parts firm pension cuts
Summary by Reuters
U.S. President Donald Trump ordered a review of decade-old pension cuts to some retirees at a former General Motors parts unit. Trump's memo ordered the head of the Treasury, Commerce and Labor departments to "address" cuts to non-union retiree pension payments within 90 days at Delphi Corp after the pension plan was turned over to the Pension Benefit Guaranty Corp in 2009
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Trump orders review of auto parts firm pension cuts
WASHINGTON, - U.S. President Donald Trump ordered a review of decade-old pension cuts to some retirees at a former General Motors parts unit. Trump's memo ordered the head of the Treasury, Commerce and Labor departments to "address" cuts to non-union retiree pension payments within 90 days at Delphi Corp after the pension plan was turned over to the Pension Benefit Guaranty Corp in 2009
Trump orders review of auto parts firm pension cuts
WASHINGTON -- President Donald Trump ordered a review of decade-old pension cuts to some retirees at a former General Motors auto parts unit, the White House said on Thursday, 12 days before the Nov. 3 U.S. presidential election. Read More
Trump orders review of auto parts firm pension cuts
October 22, 2020WASHINGTON, (Reuters) – U.S. President Donald Trump ordered a review of decade-old pension cuts to some retirees at a former General Motors parts unit.Trump’s memo ordered the head of the Treasury, Commerce and Labor departments to “address” cuts to non-union retiree pension payments within 90 days at Delphi Corp after the pension plan was turned over to the Pension Benefit Guaranty Corp in 2009. The cuts impacted about 20,000 sa…