Navigation Links
Ohio Congressional Members Urge U.S. to Provide GM Retirees Medical Benefits
Date:6/26/2009

USW, CWA, IUOE unions seek equity for former GM and Delphi workers in restructuring

WASHINGTON, June 26 /PRNewswire-USNewswire/ -- A letter transmitted by 13 Ohio congressional members and U.S. Sen. Sherrod Brown (D-OH) to U.S. Secretary of Treasury Timothy F. Geithner was made public today, urging 'simple justice' with equity in financial support for the future medical and life insurance benefits of GM retirees represented by the United Steelworkers (USW) and two other unions.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080131/DC12982LOGO)

Nearly 50,000 former employees of GM or Delphi and their dependents stand to lose most or all of their medical coverage in the GM bankruptcy proceedings.

The USW represents 6,200 retirees and surviving spouses, saying the present value of the lost benefits is at least $424 million. According to the Communications Workers of America (CWA), the lost benefits of 41,000 GM Delphi retirees and surviving spouses they represent are valued at $2.87 billion. Other Delphi retirees are represented by the International Union of Operating Engineers (IUOE).

USW President Leo W. Gerard released the congressional letter, saying, "Along with the CWA and IUOE, we have filed objections before the U.S. Bankruptcy Court on behalf of the retirees and hope that our federal government will come to its senses on fairness for the former GM workers who contributed nothing less than the auto workers to the fortunes of the company."

The Ohio congressional delegation's letter emphatically stated to the treasury secretary: "In short, it is your representatives who have decided that these retirees will not have an opportunity for a decent retirement."

Criticizing the treasury department, the bi-partisan congressional letter said the impact goes far beyond the retirees and their families. "Crucially, the great majority of these affected persons live in Dayton and Warren, Oh., two cities already suffering due to the closing of GM and Delphi plants and whose recovery will be crippled by the loss of health insurance by tens of thousands of their residents."

The letter urged the U.S. Treasury Secretary to "do the right thing, which is to treat these retirees exactly as it treated the UAW represented retirees by either placing them in the UAW VEBA, with proportionately increased funding so the UAW retirees suffer no diminution of benefits, or by creating a separate non-UAW VEBA with funding sufficient to provide identical benefits."

The congressional members declared: "Simple justice requires that your Department afford them access to the same medical and life insurance benefits."

According to the unions, the treasury department has agreed to protect a significant amount of medical and life insurance benefits of the UAW-represented GM retirees by establishing a VEBA trust with funding of $10 billion in cash, a $2.5 billion note and 17 percent of stock shares in a newly-structured GM.

When GM met with the USW and CWA earlier this month to negotiate for the former Delphi retirees, GM proposed to eliminate all medical insurance for Medicare-eligible retirees and offered an unaffordable, catastrophic medical plan for other retirees available only until they turned 65.

The 13 Ohio congressional members who were signatories of the letter are: Rep. Betty Sutton (D-13); Charlie Wilson (D-06); Rep. Marcia Fudge (D-11); Rep. Tim Ryan (D-17); Rep. Steven LaTourette (R-14); Rep. Patrick Tiberi (R-12); Rep. Michael Turner (R-03); Rep. Mary Jo Kilroy (D-15); Rep. Steve Driehaus (D-01); Rep. Dennis J. Kucinich (D-10); Rep. John A. Boccieri (D-16); Rep. Marcy Kaptur (D-09); Rep. Zach Space (D-18).

A full copy of the letter and the congressional signatories can be accessed at: www.usw.org/.

    Contact: Gary Hubbard (USW),  202-778-4384; 202-256-8125, ghubbard@usw.org
    Lauren Asplen (IUE-CWA),  202-549-2735, lasplen@iue-cwa.org


'/>"/>
SOURCE United Steelworkers (USW)
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Alere Executives Present National Health Improvement Strategy to Congressional and Industry Leaders
2. Statement by American Dental Association President John S. Findley on Passage of H.Res. 204, a Congressional Resolution Congratulating the Association for its 150 Years of Service
3. Zila & Experts Testify at Congressional Hearing on Innovative Technology for Veterans; Urge Broader Use of ViziLite(R) Plus by VA for Oral Cancer Screening
4. Social Security Problems Are Misplaced Scare Tactics and Media Missing Story of Solvency, Says Former Congressional Aging Committee Chief of Staff Bob Weiner
5. Health Reform Bill Should Include Clinical Preventive Services, Businesses and Health Advocates Urge Congressional Leaders
6. ALS Therapy Development Institute Delivers Impassioned Testimony to Congressional Subcommittee on Veterans Affairs
7. A View from Rwanda: Congressional Briefing Highlights Impact of U.S. funded Anti-Malaria Programs
8. Major Stakeholders in Health Reform Debate Call for Improvements in Scoring of Congressional Health Care Proposals
9. The Office on Womens Health at HHS and Womens Policy, Inc. to Hold Congressional Briefing on Womens Health Issues on Monday, April 27
10. PatientCentral Technologies, LLC and VerdaSee Solutions, Inc. Team Up With Congressional Staff in Washington, DC for Disaster Preparedness
11. Medical Community Reacts to Obama and Congressional Plans to Approve Generic Forms of Biologic Medicines
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... FL (PRWEB) , ... June 25, 2016 , ... The temporary closing of Bruton Memorial ... Plant City Observer , brings up a new, often overlooked aspect of head lice: the ... closing for fumigation is not a common occurrence, but a necessary one in the event ...
(Date:6/25/2016)... , ... June 25, 2016 , ... First Choice ... States, named Dr. Sesan Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm ... Medical Director of our new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical ...
(Date:6/25/2016)... , ... June 25, 2016 , ... ... and non-athletes recover from injury. Recently, he has implemented orthobiologic procedures as a ... area —Johnson is one of the first doctors to perform the treatment. Orthobiologics ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, ... the latter, setting the bar too high can result in disappointment, perhaps even self-loathing. ... toward their goal. , Research from PsychTests.com reveals that behind the ...
(Date:6/24/2016)... ... , ... Those who have experienced traumatic events may suffer from a complex ... as drug or alcohol abuse, as a coping mechanism. To avoid this pain and ... a traumatic event. , Trauma sufferers tend to feel a range of emotions, from ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... BEIJING , June 24, 2016 Dehaier ... or the "Company"), which develops, markets and sells medical ... China , signed a strategic cooperation agreement with ... as "Hongyuan Supply Chain") on June 20, 2016, to ... Under the strategic cooperation agreement, Dehaier will leverage Hongyuan ...
(Date:6/24/2016)... , June 24, 2016 ... appointment of Dr. Edward Futcher to ... Director, effective June 23, 2016.Dr. Futcher was also ... and Governance Committees.  As a non-executive member of ... expertise and strategic counsel to VolitionRx in connection ...
(Date:6/23/2016)... Research and Markets has announced ... Type (Organic Chemical (Sugar, Petrochemical, Glycerin), Inorganic Chemical), Functionality ... - Global Forecast to 2021" report to their ... global pharmaceutical excipients market is projected to reach USD ... in the forecast period 2016 to 2021. ...
Breaking Medicine Technology: