The DSRA Election Committee would like to advise you of the upcoming DSRA Board Membership Election scheduled for later this year.   For the last 18 months, we have utilized a nominated interim Board of Directors to direct the DSRA activities.  DSRA bylaws require an election of Board Members by the DSRA membership.   To facilitate the DSRA Board Member election process, the DSRA Election Committee was formed in May 2010.

VEBA Survey Results Summary Published

Thank you to those members who participated in the recent DSRA Benefit Trust Insurance survey.  The information gained will be valuable in assessing benefit plans that are important to all retirees.  For those of you that have an interest in viewing the results of the survey, please click here for the report.

SEN. SHERROD BROWN STATEMENT ON RECESS APPOINTMENT OF PBGC DIRECTOR 

Administration Bypasses Brown’s Hold on Nomination of Pension Benefit Guaranty Corp. Director

WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) released a statement today, following the recess appointment of Joshua Gotbaum to serve as Director of the Pension Benefit Guaranty Corporation (PBGC). In May, Brown placed a hold on the nomination of Gotbaum, who has recused himself from any decision-making related to Delphi, in order to urge the Administration to bring General Motors to the table to meet the pension obligations of Delphi retirees. The Administration appointed Director Gotbaum during the Senate’s July recess in order to circumvent Brown’s hold.

Click here for full press release.

Wicker Introduces Legislation to Investigate Delphi Pension Treatment

U.S. Government’s Meddling in General Motors Business Decisions Must Come to Light

WASHINGTON—Today, Senator Roger Wicker (R-Miss.) introduced legislation to require the Government Accountability Office (GAO) to conduct a non-partisan, independent analysis of the propriety of federal financial assistance provided to the General Motors Corporation and its treatment of certain Delphi retirees.

Click here for Sen. Wicker's full press release.

The Importance of Our Court Filing on 5/26/2010 is getting full media coverage, adding to the relevance of this significant development in our submission.  Click the icons for the articles.

Congressmen Michael Turner (R-OH-3) and Dan Burton (R-IN-5) demand full answers from Secretary Geithner to questions on Delphi salaried pensions decisions.

Sec. Geithner responses to questions re: Delphi pensions

Rep. Michael Turner & Dan Burton release

The latest blow: Smaller payouts for new retirees

By Laura Cohn, Sunday, May 16, 2010; G03  

When Ken Hollis finished college in the mid-1970s, he accepted a job with the division of General Motors that made auto parts and worked there for 23 years. When the division was spun off as Delphi, workers were told that their pensions would carry over to their new employer, Hollis says. So he stuck it out and worked for Delphi for nine more years.

OAK CREEK, Wis. -- The Oak Creek Delphi facility is being demolished, and former workers held a rally there on Thursday 5/13/2010, DSRA members also joined in.

WISN Channel video and story         Fox 6 News video