continental tire
Continental Tire's Attack on Retirees
Submitted by SteelworkerSoli... on Tue, 04/24/2007 - 3:25pm.In March of 2006, Continental Tire of North America carried through its plans to slash its payments for health care benefits for its retirees. For months, the company had been threatening to impose a $3,000 cap on payments for retiree health care. With the annual cost of family health care coverage costing retirees as much as $15,000, the implementation of this cap could be financially devastating.


