President Biden made commitments to Delphi Salaried Retirees

     Updated Wednesday 20 January 2021 15:00
In two recent instances President Biden made commitments on Delphi salaried pensions – during his campaign he told a TV reporter he told a TV reporter (video) on September 30 "I am going to do everything I can to figure out how they [Delphi salaried retirees] can be brought [into legislation].  Look, people worked like hell for their pensions.  My dad lost a pension when a company he worked for went out.  It’s not right ... they deserve their pension."  Then, in response to President Trump's October 22 memorandum, the Biden Campaign issued a statement that included: "As President, Biden will take action to help Delphi retirees."
In his Inaugural Address on January 20, 2021, President Biden said "Look, I understand that many of my fellow Americans view the future with fear and trepidation. I understand they worry about their jobs. I understand like my dad, they lay in bed wondering, can I keep my health care, can I pay my mortgage. Thinking about their families, about what comes next. I promise you, I get it."
The DSRA looks forward to continuing its dialog with the White House based on the presidential memorandum that was signed under the previous administration, directing the PBGC to review the Delphi Salaried Retirees pension plan.