... company's obligation to provide health benefits to subsequently retired employees, except as to th... of rational considerations of increased pension cost and, in some cases, legitimate concerns about... Pension Benefit Guaranty Corporation , 85 FEP Cases 416, 419 (SDNY 2001) (n... General Motors Corp.-Delco Chassis Div. , 941 F. Supp. 284, 286-2...
As recently as the 1970s, horror stories abounded about pension plans. Some pensions were offered on an all-or-nothing basis, rather than graduated according to the number of years an employee worked. That made employees vulnerable to be being fired or laid off just before becoming eligible, which did, in fact, happen.
...The Pension Benefit Guaranty Corporation (PBGC) -- having pressed Delpphi and General Motors (from which Delphi was spun off) to keep as...
...Pension Benefit Guaranty Corporation 3. Pension Protection Act of 2006 B. G... before Congress in 2004, the Comptroller General of the United States, David M. Walker, testified t...Workers Members at Gen. Motors (May 2009), http://online.wsj.com/public/resources...
... of America (UMWA) led to the creation of benefit funds that provided for the medical expenses of mi... funding and vesting requirements for pension plans. To comply with ERISA, the UMWA and the Bitu...Pension Benefit Guaranty Corporation, 475 U. S. 211 (Multiemployer Pension ...Retroactive legislation is generally disfavored. It presents problems of unfairness bec...General Motors Corp. v. Romein, 503 U. S. 181 , 191. The distanc...
... and the production of evidence generally. Operating in secret, under the direction but not ...'s decision had been taken for defendant's benefit. This rationale was disapproved in the next case, ... behalf of any organization, such as a corporation. Thus, a corporation cannot object on self-incrimi... . Scope of the Guaranty .-Standing by itself, the phrase "due process" wou... A retirement act which made eligible for pensions all persons who had been in the service of any rai...333 (1910). . United States v. General Motors, 323 U.S. 373 (1945). . Bauman v. Ross, 167 U.S....
... of provisions in their employers' pension plans reducing a retiree's pension benefits by an ...Page 451 U.S. 504, 505. Guaranty Corp., 446 U.S. 359 . It is particularly pertinen...80-193, Buczynski et al. v. General Motors Corp. et al., on certiorari to the same cou... paid by or at the expense of the Corporation, except that no deduction shall be made for the fo...
...Oct 14, 2011 . Pension woes are complicating retirement. Deteriorating co...Pilot Retirement Benefit Program Fixed Income Plan (the pilot pension plan)... their benefits from the Pension Benefit Guaranty Corp., which insures private pensions and pays ben... New York City Economic Development Corporation, spearheading Mayor Bloomberg's aviation strategy....In 2009, General Motors, Chrysler Group, LyondellBasell Industries ...
...Davis filed a brief for General Motors Corp. as amicus curiae urging affirmance. ...
Employment has shifted from a relatively stable and secure relation in which shareholders bore the risks associated with the market and firms buffered the risks vis-à-vis workers to a dynamic relation characterized by employment insecurity and individual responsibility. Modern businesses face new management challenges stemming from decreased employee loyalty and difficulties in supervising and controlling the workforce. Firms have responded by implementing internal branding programs that parallel consumer marketing programs but target workers rather than consumers. The goal of such programs is to re-align employees’ self-interest with that of the firm, persuading employees to internalize the firm’s brand so that they “live the brand” and react instinctively “on-brand.” Identity-based br...
... approach, but traditional health and pension benefits designed to bind the employee to the firm... more “psychologically engaging” than general expectations, probably because they are induced by...,” 250 they personalize the corporation, 251 deify its CEO, 252 and infantilize workers....305 In September 2008, General Motors reported that “unexpectedly high demand” for i... are insured by the Pension Benefit Guaranty Corporation, which is modeled on the Federal Depos...
..., the directors of these private corporations remain free to respond to the crisis in the manner... states building highways and then having General Motors, Ford, and other auto companies suddenly te... consolidation, steep cuts in wages and benefits, sharply rising fares, huge direct and indirect su... also include tens of billions in unfunded pension liabilities that major airlines have shoved onto t... the federal government's Pension Benefit Guaranty Corporation, that alone would amount to a bailout ...
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