It’s win-lose in Chrysler retiree deal
Monday, March 31st, 2008Chrysler LLC is ending company-sponsored group life insurance for 14,000 white-collar retirees and has promised to give them a one-time pension increase, a new letter to retirees says. The changes are yet another in a long list of adjustments made by the Auburn Hills automaker since coming under the private control of Cerberus Capital Management last August.
Original post by info.rss@cro.consumer.org (Consumer Reports)