At least 23 large companies have terminated the health-care benefits they were providing to retired employees.
In 2010, the company terminated approximately 15 000 lower-volume marketing partners, reducing its active base to less than 2,000.
But the machinists' union has vowed never to agree to let the company terminate its pension plan.
A company in reorganization can terminate continuing contracts, franchise agreements included.
In addition, either company can terminate the agreement if the merger is not completed by Dec. 31.
However the company terminated this project, by mutual agreement with Ford in November 2009.
If the board refused, the company can terminate the contract with 90 days' notice.
Under what circumstances can the company reduce or terminate my health benefits?
If a judge rules in Delphi's favor, the company can terminate its contracts and impose lower terms.
The company terminated the scheme and then told everyone there was not enough money to cover members' benefits.
