UAW Addresses Fallacies, Omissions in NBC News Report

DETROIT –(ENEWSPF)–November 5, 2012. NBC News left out critical information regarding Delphi employee pensions in a Nov. 4 report, failing to report that a 1999 contract, not favoritism, is what made pensions whole for some employees. All Delphi employees had their pensions terminated and put into Pension Benefit Guaranty Corporation (PBGC), and only workers under a 1999 contract that required GM to cover Delphi pension shortfalls had their pensions made whole.