Topic - General Motors Corp.

The company said it would not assume pension liabilities for the Delphi unit’s salaried workers, unlike its union workers.

Democrats shine a spotlight on more than 1 million pensions saved under 2021 law →

When GM went through bankruptcy in June 2009 due to massive losses during the Great Recession, the company said it would not assume pension liabilities for the Delphi unit's salaried workers - largely because it didn't have an agreement with them, as it had negotiated with unions for hourly workers.

Rejected by courts, retirees take last shot to save pensions →