- September 3 2013
Janet Rogers, Reporter | WFMJ OH | Mon 2013-09-02
DETROIT, Mich. - The Pension Benefit Guaranty Corporation is fighting an order from a federal magistrate to release thousands of documents which 22,000 Delphi and GM salaried retirees hope will lead to the restoration of their pensions.
The PBGC has filed emergency motions asking Judge Mona Majzoub to stay her ruling (reported 2013-08-22) so that the PBGC has adequate time to argue why she should reconsider her order to produce census information and other documents sought by the retirees. The judge ordered the documents to be turned over by September 30.
The PBGC claims that delaying the order won't substantially harm the retirees, but would do irreparable harm to the PBGC. [but retirees are aging and dying while waiting over 4 years through the PBGC's repeated delays and ceaseless roadblocks!!!] ~~
- August 18 2013
"It's wrong for the Treasury to intervene
between the PBGC and the companies
who held the pensions."
Video - Chuck Cunningham, retired Delphi
executive, on Fox News with Neil Cavuto.
"The truth is coming out and
they don't like it!"
Video - Tom Rose, retired Delphi plant
manager, on WDTN 2 News
- August 27 2013
Detroit News | Daniel Howes | 2013-08-27
Vindication may be drawing closer for the former Delphi Corp.’s dogged salaried retirees.
Next week, the Treasury Department is to begin releasing documents detailing how President Barack Obama’s task force worked with the Pension Benefit Guaranty Corp. to seize the auto supplier’s salaried pension fund and reduce payouts by as much as 70 percent for roughly 22,000 retirees — even as union employees saw their pensions “topped up” by a then-bankrupt General Motors Corp. ~~
- July 29 2013