Our Mission: To be a unifying force representing the needs of current and future Delphi Salaried Retirees and their families by: being a reliable source of pertinent information; communicating and promoting issues that are relevant to the Well Being of its members; and supporting the development of local groups focused on personal involvement in national and local issues.

Statements Submitted to the Congressional Hearing Today

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Last Updated: Saturday, 28 September 2013 15:22

Published: Wednesday, 11 September 2013 17:26

Chair John Mica More photos Video part 1 Video part 2

Key point 1   Key point 2

Statements Submitted to Hearing
Subcommittee on Government Operations,
Committee on Oversight and Government Reform

Oversight of the SIGTARP Report on Treasury’s Role in the Delphi Pension Bailout - September 11, 2013

Witness Statements  |  Key Points by Witnesses  |  DSRA Release  |  Rep Paul Ryan Statement

Obama Auto Team had big role in Delphi Pension Decisions, Inspector General Says

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Last Updated: Sunday, 18 August 2013 21:44

Published: Thursday, 15 August 2013 21:15

The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) today released a significant report regarding the involvement of the U.S. Treasury in decisions that affected thousands of Delphi salaried retirees' pensions – decisions related to the "quick rinse" bankruptcy proceedings for General Motors and Delphi.

House Oversight and Government Reform Committee Chairman Darrell Issa (R-CA), and Congressman Michael Turner (R-OH) today released statements on the SIGTARP report:

• “The Obama Administration said time after time that it would not play a role in the day to day operations of GM,” said Chairman Issa. “The SIGTARP report finds, unequivocally, that Treasury usurped authority at GM and played a heavy hand in decision-making at the company. This is troubling news that lends credence to the fact that the federal government essentially took over a private company and made decisions that chose winners and losers.”
• “The report released today completely discredits the Administration's statement that they did not influence GM and were not involved in GM's or the PBGC's decision making,” added Turner.

DSRA is pleased and encouraged to see the detail of the SIGTARP report and is considering the implications of its significant content.

Oversight Subcommittee to Examine Treasury’s Role in Delphi Deal

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Last Updated: Wednesday, 18 September 2013 13:32

Published: Thursday, 05 September 2013 06:33

Oversight Subcommittee Hearing - Wednesday September 11

Examine Treasury’s Role in Delphi Deal from 2009 “Detroit Bailout”

[2013-09-04]  WASHINGTON- House Oversight and Government Reform Subcommittee on Government Operations Chairman John Mica, R-Fla., today announced a hearing next Wednesday to examine a new inspector general report on the Treasury Department’s role in a controversial component of the Obama Administration’s “Detroit bailout.” In a 2009 deal between government-controlled General Motors and one of its major suppliers, Delphi ~~

Committee Release Announcing Hearing

Issa Subpoenas Treasury for Documents on Delphi Pension Deal

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Last Updated: Sunday, 11 August 2013 13:04

Published: Friday, 09 August 2013 22:33

Chair Issa