Judge lets Delphi halt salaried retiree benefits (AP)

In this Aug. 8, 2005 file photo, the exterior of Delphi headquarters is shown in Troy, Mich. Delphi Corp., which has been under bankruptcy protection since 2005, has asked a judge to allow it to cancel medical and life insurance benefits for salaried retirees as soon as April 1, so the company can save more than $70 million a year and take more than $1.1 billion in liabilities off its balance sheet. (AP Photo/Paul Sancya, file)AP – A bankruptcy judge on Tuesday tentatively approved Delphi Corp.’s request to stop paying for its salaried retirees’ health and life insurance, but he left the door open for some former employees to be excluded from the move.

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