Bethlehem Steel Retirees Fight to Keep Benefits
From Associated Press
Lawyers for thousands of Bethlehem Steel retirees will ask a bankruptcy judge today to block the company’s plan to cut off health benefits to former workers, despite a union’s promise to let the plan go through.
The fallen industrial giant has asked the court to allow it to cut off health and life insurance benefits to all retirees March 31.
The proposal is expected to sail through, in part because the United Steelworkers of America agreed not to oppose it.
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