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

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 ...

Michigan Attorney General Nessel Leads Coalition in Protecting Delphi Retirees

Michigan Attorney General Dana Nessel led a coalition with six other attorneys general in filing an amicus brief before the United States Supreme Court in Dennis Black et al v. Pension Benefit Guaranty Corporation, which argues the due process rights of former Delphi Corporation employees were violated when the corporation's bankruptcy resulted in termination of Delphi's pension plan.
Petitioners in the lawsuit are former employees of Delphi, an auto-parts manufacturer and supplier, and were participants in Delphi's pension plan. After Delphi filed for bankruptcy, Pension Benefit Guaranty Corporation (PBGC) executed an agreement with the pension plan's administrator to terminate the pension plan. Read full press release ...