Susan Muffley Act — News Release

The Susan Muffley Act — DSRA News Release

Contact:  Michael Hissam

                 915-504-4941

 

 

 U.S. Senate Omnibus talks fail to include House-passed Susan Muffley Act;

DSRA Board carefully considering next steps

Negotiations in the United States Senate for the Omnibus spending bill today failed to achieve sufficient bipartisan agreement to include the House-passed Susan Muffley Act.  Key Senators actively opposed inclusion in the Senate’s Omnibus spending bill. Had there been Senate agreement and subsequent House passage, the bill would have reinstated the pension plan for Delphi salaried retirees. The 13-year pension nightmare for 20,000 who worked for Delphi Corporation would have come to an end.

“This is a terrible blow to retirees who worked hard and played by the rules.  Many lost up to 70 percent of their active or promised pensions.  They had no representation during the government-directed pension termination in 2009,” declared Bruce Gump, DSRA board chairman. 

Gump went on to explain that termination of the Delphi salaried pension plan was unique in that it came about by direction of the U.S. Treasury, not normal procedures through the Pension Benefit Guaranty Corporation (PBGC).  “Despite our best efforts since House passage in July – and that includes nearly 100,000 e-mails, phone calls and meetings with Senate members or staffers – it appears opponents failed to understand this was not a bailout!  The government took away our pension money in 2009.  They invested it and made a lot of money on our assets over the past 13 years.

“They broke it, but they failed in their responsibilities to fix it. Now, our Board will carefully consider next steps including possibility of reintroducing the bill next year.”

He also thanked the Delphi salaried retirees who did everything they were asked to do during the struggle.  “I am proud of my fellow retirees.  They have never given up.  We are not done. We have more work to do.  We refuse to quit.  Persistence and truth conquer all.”

Gump also expressed gratitude to Congressional members, especially Senators Sherrod Brown and Rob Portman of Ohio, and Congressmen Dan Kildee (MI-5), and Mike Turner (OH-10),  who worked over the years in a bipartisan manner to try to correct a government wrong of 13 years ago. “Our issue was never presented as a partisan issue, but one of right versus wrong. Everybody should remember, if they can do this to us on our pensions and get away with it, then they can do it to anybody on other issues as well.”