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Pension Plan Restoration

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Delphi salaried retirees say fight for lost pensions is far from over

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Published: Thursday, 20 January 2022 07:35
     ABC12 (WJRT) Flint MI | Rachael Eyler
The U.S. Supreme Court recently denied the retirees' request that the justices review their case, meaning the termination of the pension benefits will stand. ~ Ron Beeber, Board member, DSRA, said that while the lawsuit may have hit its final wall, he hopes to find more support on other fronts including congress – already gaining support from Flint Congressman Dan Kildee ~ "Now it's really time for people to really try to push this legislation" ~ "But it's a realistic chance of happening to get folks to support it and to pass it.". Read article ...

DSRA Leadership Responds to the Supreme Court Decision

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Published: Wednesday, 19 January 2022 17:35
     WJR Detroit | Guy Gordon
DSRA leadership commented to yesterday's news that the Supreme Court denied the Delphi salaried retirees' petition and declined to hear their case. ~ Ron Beeber, Board member, was on air with Guy Gordon - Listen here ...

Congressman Turner Statement on U.S. Supreme Court Declining to Hear Delphi Case

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Published: Tuesday, 18 January 2022 15:35
     Press Release | Jan 18, 2022
Congressman Mike Turner (OH-10) released the following statement in response to the U.S. Supreme Court declining to take up the case of the Delphi retirees which Turner requested last October: "I am deeply frustrated that once again, the Delphi Salaried Retirees are being denied an opportunity to restore their hard-earned retirement benefits. However, this decision will not stop me from pursuing legislative remedies and urging the Biden Administration to get them the answers and treatment they deserve," said Congressman Mike Turner. Press release ...

Statement By Congressman Kildee on Supreme Court Decision not to hear Delphi Salaried Retirees’ Pension Case

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Published: Tuesday, 18 January 2022 15:35
     Press Release | Jan 18, 2022
Congressman Dan Kildee (MI-05), Chief Deputy Whip of the House Democratic Caucus, today issued the following statement after the U.S. Supreme Court denied an appeal request by Delphi salaried retirees, letting a Sixth Circuit Court of Appeals ruling stand: “I am disappointed that the Supreme Court has decided not to give the Delphi Salaried Retirees their day in court to have their pensions restored ~ In Congress, I will continue to advocate for action to restore hard-earned pensions so that Delphi Salaried Retirees can retire with dignity.” Press release ...

Detroit Free Press — US Supreme Court declines to hear Delphi retirees' case, ending legal options

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Published: Tuesday, 18 January 2022 15:35
     Detroit Free Press | Todd Spangler
The U.S. Supreme Court on Tuesday declined to hear a case brought by former salaried employees of the auto supplier Delphi who argued their pensions were wrongly cut when those for union workers were preserved. ~ Ron Beeber, a spokesman for the Delphi Salaried Retirees Association (DSRA), said the decision brings to an end a 12-year legal battle against the Pension Benefit Guaranty Corp. (PBGC), which is the insurer of last resort when pension plans are deemed unable to meet their obligations. Read article ...

DSRA Disappointed with U.S. Supreme Court Denial of Petition

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Published: Tuesday, 18 January 2022 22:15
Delphi Salaried Retirees Association Board Chairman Bruce Gump this morning expressed profound disappointment that the United States Supreme Court has declined to hear the DSRA appeal concerning the involuntarily terminated Delphi Salaried Pension Plan. That termination in 2009 affected nearly 20,000 seniors who worked as salaried employees for the then Delphi Corporation. DSRA News Release ...

Momentum Building in Congress to Restore Our Pension Plan

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Published: Thursday, 25 March 2021 20:40
     Updated Tuesday, 24 August 2021
August 23, 2021 — Response from The Treasury (obo The PBGC Board) — tells DSRA to "go ask Congress, not us" — 28 congressmen are told in a letter from the Treasury Department that "The Departments of Treasury, Labor and Commerce concluded that Congressional action would be required to restore these lost pension benefits. Therefore, we have not taken further steps on this issue."
July 20, 2021 — 28 Members of the U.S. House Representatives — 11 Democrats and 17 Republicans in whose congressional districts live a considerable number of Delphi salaried retirees — send a letter to the Secretaries of Commerce, Labor and Treasury — the trio from President Biden’s cabinet comprise the PBGC board of directors.  The letter is almost identical to the letter from eight U.S. senators sent on June 10.  The letter presses the Executive Branch of government to act on President Trump’s directive of last October.  It says in part, "We understand this review was due on January 20, 2021 – before you assumed your current roles … we ask you to provide us with an update on the status of the report.  Specifically, we ask you to inform us when work on this report commenced, when you expect this report to be completed, and when Congress can expect to receive a copy for review."

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