Rockefeller joins fight against Century’s retiree health-care benefit cuts
Dec 09, 2010 | 11:37 AM
| Anne Riley
Union workers at Century Aluminum Co.'s idled Ravenswood, W.Va., smelter have garnered senatorial support in their fight to retain retiree health-care benefits slated for termination at the end of this month.
Sen. Jay Rockefeller (D., W.Va.) has pledged his support to the United Steelworkers union, urging the Monterey, Calif.-based company to halt its newest cost-saving plan just weeks before the cutbacks are scheduled to go into effect.
In a letter to Century's top executive, Rockefeller asked the company to reconsider its plans to drop all health-care coverage for plant retirees under the age of 65 beginning Jan. 1.
"These workers, some of whom have spent decades at the company and sacrificed better wages during their working lives for the promise of retiree coverage, deserve better than to have this promise broken after a long career with Century Aluminum," Rockefeller wrote to Logan Kruger, Century's president and chief executive officer. "While I understand your efforts to reduce costs in a difficult economy, it is my hope that Century Aluminum will reconsider this decision, which will be devastating to these retirees."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.