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Non-Union Retirees Shafted in Auto Bailouts Told to Get Jobs
National Legal and Policy Center
One of the most egregious abuses of the Obama Administration’s auto bailouts was the blatant favoritism evidenced in the treatment of Delphi (General Motors’ parts supplier) retirees. After the Delphi bankruptcy, UAW retirees had their pensions “topped off” by General Motors, apparently with taxpayer money accessed through TARP. While the UAW retirees maintained their pension benefits, non-union, salaried retirees of Delphi lost theirs. There was no logical reason for one group to have their pensions saved while another group lost theirs, just the facts that the distributions were inequitable and the only difference between the groups was that one belonged to a powerful ally of Team Obama and the other did not.
Evidence now surfaces of the Obama Administration rubbing salt in the wounds of the non-politically connected retirees. When the salaried retirees requested help from President Obama to restore their pension benefits, the Department of Labor’s Director of Recovery for Auto Communities and Workers, Jay Williams responded, “Delphi retirees may be eligible for assistance through the Workforce Investment Act Adult and Dislocated Worker Program. The program is designed to provide quality employment and training services to assist eligible individuals in finding and qualifying for meaningful employment and to help employers to find the skilled workers they need to compete and succeed in business.” Essentially, “Don’t like it? Get a job!”
Tim
May 12th, 2012
That’s the kinda shit you kill people over.
grayscape
May 12th, 2012
Right Tim. This bullshit is REAL justification for revolution.
Mary Jane Anklestraps
May 12th, 2012
This is bad enough. But they can do worse, MUCH worse, to the non-union employee.
One of the most important things non-union workers should remember is what the gubmint and the unions in co-hoots with the gumbint have done to them.
Take that memory to the voting booth in November.
You don’t stop making the same mistakes unless you learn from them.
Nutjob
May 12th, 2012
Talked to 1 of these guys today, who was a union member and has another job, he’s still pissed he got screwed out of 50% of his pension.
To make matters worse, they now claim they overpaid him and are taking 75% of his pension to pay for it.
Funny thing is, I knew of a couple other guys had that happened to them also, when they retired the UAW claims they overpaid then take the money back, no payment plan, just keep all of the retirement pension money every month until the debt to the UAW is paid in full to pay back the money for their alleged mistake…….which no one has been able to fight against for some reason, looks like the mob still has their hand in the union pot and found another loophole.
But yeah, he did mention how the salaried people lost 100% of their pensions and got hosed even worse.
Bob M.
May 12th, 2012
Did you REALLY think he was… “saving”… anything OTHER than UNION jobs?!?!
Chunkdog
May 12th, 2012
You can’t screw this many people over without Karma coming back at you like a bat out of hell.
It will be fun to watch.
Cruisin' Cat
May 12th, 2012
Delphi stockholders took a pretty large hit as well.