retiree :

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retiree

ree tahyree

  • n  someone who has retired from active working

  • If any of the Big Three go bankrupt, retirees could see lifetime-health-care promises vanish.
  • It wants to shift retiree health care to a UAW trust, in what could be a template for underfunded states and cities.
  • Which has turned up the pressure on retiree benefits.
News & Articles

Quotes

  • Barack Obama in New York Times
    For years,Mr. Obama wrote, "US automakers and the UAW have resisted higher fuel-efficiency standards because retooling costs money, and Detroit is already struggling under huge retiree health-care costs and stiff competition."
  • Robert R. Barry in CBS News
    These savings are a clear positive, but retiree liability cuts are likely to see some almost immediate offsets, from ongoing health care inflation, possible Delphi liability assumption and falling long-term rates,Goldman Sachs analyst Robert...

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