Delphi Corp. salaried retirees may file suit to protect their pensions

The filing of a class-action lawsuit covering Delphi Corp. salaried retirees is drawing closer as supporters begin two days of legal meetings Tuesday.

Leaders of the Delphi Salaried Retirees Association expect to emerge Wednesday with an agreement on the details of the lawsuit, said Chuck Cunningham of Howland, a former senior executive at Delphi Packard Electric.

Cunningham said the lawyers involved in the meetings in Detroit do not want to be identified yet.

The retirees are trying to stop Delphi from dumping its pension plan for its salaried retirees as it proposes to emerge from bankruptcy court. It is unfair that pensions for United Auto Workers members are being taken back by General Motors Corp., while those of the salaried workers are not, Cunningham said.

For the complete story, see Tuesday’s Vindicator and Vindy.com