Health care announcement for Delphi retirees expected
Turner, a
Votes by Ways and Means and the House as a whole still await. But because the provision is an integral part of a bill to extend the
The credit originally expired in 2013. An effort last year to extend the credit failed, a victim of amendment slicing. That's less likely to happen this time, Turner believes.
"This is probably a more accurate vehicle for this bill, because it's actually reflects trade economic impact," he said.
When
Th newly introduced credit has a retroactive provision, covering health expenses in 2014, and in addition goes on for five years, Turner said.
The measure provides a 72.5 percent credit to eligible workers, helping them pay for qualified health insurance. The credit is often used for retirees who are too young for
In 2009,
Only salaried retirees have been left without at least a partial restoration of their pensions. Some lost up to 70 percent of their pensions.
"Without the credit, some retirees have spent up to half of their remaining pension to cover their health care," Turner said.
Salaried retirees have been suing since 2009 in federal court for their full pensions.
"I think it's good news that it's part of the primary bill and not an addendum or an add-on, and therefore can't be cut out of it," Rose said.
He added: "I think the pension reductions were not only needless and illegal but borderline immoral."
Fellow
"There are still some pieces that have to come together in the
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