These retirees of any bankruptcy should get no more no less than any other business owed money.
Whatever happened to Erisa, which was supposed to make sure all retirement benefits were paid up to date ??
I think that's part of the problem here. ERISA should apply to GM, Chrysler, et al, for non-union personnel, but the retirees don't want to be subject to the ERISA caps on retirement pay.
I think a sensible alternative to billions in taxpayer loans(handouts that will never be repaid) would have been to extent ERISA to all effected employees, union or not, and to put them all on Medicare. That would have been less expensive to the taxpayers who wind up footing the bill anyway.