Local

696

Delphi Update – July 18, 2006   

The Supplement to the Delphi Special Attrition Program will be rolled out beginning July 19, 2006.  The Key Four at each location is responsible for the presentation of the package to UAW-represented employees.   

The deadline for applications for the June 5, 2006 Delphi Special Attrition Program Supplement is September 15, 2006.  Please schedule the time and date of your meetings as soon as possible,

 The Local Key 4 will schedule meetings with the effected employees ASAP to discuss details of this supplement.

 Delphi Update – June 19, 2006

To:       All General Motors and Delphi Local Union Presidents and Chairpersons

 From:  UAW President Ron Gettelfinger and UAW Vice President Cal Rapson

 Motion to Approve Attrition Supplement

 Today Delphi will file a motion with the Bankruptcy Court requesting entry of an order approving the UAW Special Attrition Program Agreement Supplement.  The Court is expected to hold a hearing on June 29 to consider approving Delphi’s participation in the Supplement. 

It is important to note that while the UAW supports the Supplement and Court approval of the program, the motion filed today will be Delphi’s Motion – not the UAW’s.  As such, and as with the prior pleading Delphi has filed with the Court, it will likely contain statements and characterizations about the Company’s operations, finances and labor agreements with which we strongly disagree.  The UAW will file a statement with the Court emphasizing our support for Court approval of the Supplement while also making clear our continued position on these matters. 

If approved by the court, an application period  for the Supplemental Attrition Agreement options will be established.  

The June 23, 2006 deadline for applications for the March 22 Special Attrition Program is unchanged. 

Because of the unique circumstances and the possible overlap of application dates GM and Delphi agree that at the point the Supplement is rolled out to the Delphi workforce, it will also be available to Delphi employees who have selected an option from the March 22^nd Special Attrition Program.  This includes employees who have already retired or entered the pre-retirement program. 

If an employee who has already selected an option from the Special Attrition Program and the 7-day revocation period has expired, the selection of one of the two options from the Supplement will be subject to a new 7-day revocation period.  The employee will revert back to the March 22^nd Special Attrition option if he/she then changes his/her mind during that 7-day period.