Just in the nick of time.

[Penelope]

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC
Thursday, October 22nd 2020, 4:41 PM EDT by Robert McFerren
Updated:
Thursday, October 22nd 2020, 4:44 PM EDT


Delphi, formerly Packard Electric, was part of General Motors’ parts division, which was spun-off as a stand alone business from GM in 1999 and ended up filing for bankruptcy in 2005.

When Delphi filed for bankruptcy protection, the pension for the employees was turned over to the government-run Pension Benefit Guaranty Corporation, which took on the the pensions of as of Aug. 10, 2009.

Since that time, nearly 22,000 salaried retirees from Delphi, including nearly 1,500 locally, have been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC after Delphi said it could no longer afford to pay the employees pensions.

President orders cabinet to look Delphi salaried retiree pension plight

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC

www.wfmj.com

----------------------------------------------------
anything to get votes, and I bet it doesn't happen.

 

[Ringel05]

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC
Thursday, October 22nd 2020, 4:41 PM EDT by Robert McFerren
Updated:
Thursday, October 22nd 2020, 4:44 PM EDT


Delphi, formerly Packard Electric, was part of General Motors’ parts division, which was spun-off as a stand alone business from GM in 1999 and ended up filing for bankruptcy in 2005.

When Delphi filed for bankruptcy protection, the pension for the employees was turned over to the government-run Pension Benefit Guaranty Corporation, which took on the the pensions of as of Aug. 10, 2009.

Since that time, nearly 22,000 salaried retirees from Delphi, including nearly 1,500 locally, have been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC after Delphi said it could no longer afford to pay the employees pensions.

President orders cabinet to look Delphi salaried retiree pension plight

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC

www.wfmj.com

----------------------------------------------------
anything to get votes, and I bet it doesn't happen.

Yup, that's the way politicians work regardless of party.

 

[Thinker101]

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC
Thursday, October 22nd 2020, 4:41 PM EDT by Robert McFerren
Updated:
Thursday, October 22nd 2020, 4:44 PM EDT


Delphi, formerly Packard Electric, was part of General Motors’ parts division, which was spun-off as a stand alone business from GM in 1999 and ended up filing for bankruptcy in 2005.

When Delphi filed for bankruptcy protection, the pension for the employees was turned over to the government-run Pension Benefit Guaranty Corporation, which took on the the pensions of as of Aug. 10, 2009.

Since that time, nearly 22,000 salaried retirees from Delphi, including nearly 1,500 locally, have been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC after Delphi said it could no longer afford to pay the employees pensions.

President orders cabinet to look Delphi salaried retiree pension plight

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC

www.wfmj.com

----------------------------------------------------
anything to get votes, and I bet it doesn't happen.

Yep, if only Biden had thought of this when he was VP.

 

[Penelope]

Shown Here:
Introduced in House (09/13/2012)
Delphi Pensions Restoration Act of 2012 - Amends the Emergency Economic Stabilization Act of 2008 to require transfer to the Delphi Retired Employees Fund of all proceeds from the sale or transfer, after enactment of this Act, of any stock, warrant, or financial instrument acquired by the Secretary of the Treasury in connection with providing financial assistance to the General Motors Corporation (GM).

Establishes the Delphi Retired Employees Fund in the Treasury for payments to eligible employees separated from Delphi Corporation who participated in a now terminated Delphi-sponsored defined benefit plan, but who are not covered by any agreement between GM and participants in another defined benefit plan under which GM pays covered participants nonforfeitable benefits equal to the amount they would have been entitled to receive under the plan but for the plan's termination.

Makes the Fund available to pay each eligible separated employee an amount equal to such nonforfeitable benefits, reduced by any amounts already paid the employee by the Pension Benefit Guaranty Corporation (PBGC) under the Employee Retirement Security Act of 1974 (ERISA).

Cosponsor	Date Cosponsored
Rep. Sutton, Betty [D-OH-13]*	09/13/2012
Rep. Andrews, Robert E. [D-NJ-1]*	09/13/2012
Rep. Kaptur, Marcy [D-OH-9]	09/21/2012

Cosponsors - H.R.6404 - 112th Congress (2011-2012): Delphi Pensions Restoration Act of 2012

Cosponsors of H.R.6404 - 112th Congress (2011-2012): Delphi Pensions Restoration Act of 2012

www.congress.gov

-----------------------------------------------------

The republicans could give 10 rips and they never acted upon it.

 

[Penelope]

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC
Thursday, October 22nd 2020, 4:41 PM EDT by Robert McFerren
Updated:
Thursday, October 22nd 2020, 4:44 PM EDT


Delphi, formerly Packard Electric, was part of General Motors’ parts division, which was spun-off as a stand alone business from GM in 1999 and ended up filing for bankruptcy in 2005.

When Delphi filed for bankruptcy protection, the pension for the employees was turned over to the government-run Pension Benefit Guaranty Corporation, which took on the the pensions of as of Aug. 10, 2009.

Since that time, nearly 22,000 salaried retirees from Delphi, including nearly 1,500 locally, have been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC after Delphi said it could no longer afford to pay the employees pensions.

President orders cabinet to look Delphi salaried retiree pension plight

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC

www.wfmj.com

----------------------------------------------------
anything to get votes, and I bet it doesn't happen.

Yep, if only Biden had thought of this when he was VP.

It was brought up in the republican house, but died.

Now if tramp thought it was so imp. it should of been the first thing he tried to do.

 

[Penelope]

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC
Thursday, October 22nd 2020, 4:41 PM EDT by Robert McFerren
Updated:
Thursday, October 22nd 2020, 4:44 PM EDT


Delphi, formerly Packard Electric, was part of General Motors’ parts division, which was spun-off as a stand alone business from GM in 1999 and ended up filing for bankruptcy in 2005.

When Delphi filed for bankruptcy protection, the pension for the employees was turned over to the government-run Pension Benefit Guaranty Corporation, which took on the the pensions of as of Aug. 10, 2009.

Since that time, nearly 22,000 salaried retirees from Delphi, including nearly 1,500 locally, have been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC after Delphi said it could no longer afford to pay the employees pensions.

President orders cabinet to look Delphi salaried retiree pension plight

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC

www.wfmj.com

----------------------------------------------------
anything to get votes, and I bet it doesn't happen.

Yup, that's the way politicians work regardless of party.

Nope, the republican's, they are greedy aholes

 

[Ringel05]

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC
Thursday, October 22nd 2020, 4:41 PM EDT by Robert McFerren
Updated:
Thursday, October 22nd 2020, 4:44 PM EDT


Delphi, formerly Packard Electric, was part of General Motors’ parts division, which was spun-off as a stand alone business from GM in 1999 and ended up filing for bankruptcy in 2005.

When Delphi filed for bankruptcy protection, the pension for the employees was turned over to the government-run Pension Benefit Guaranty Corporation, which took on the the pensions of as of Aug. 10, 2009.

Since that time, nearly 22,000 salaried retirees from Delphi, including nearly 1,500 locally, have been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC after Delphi said it could no longer afford to pay the employees pensions.

President orders cabinet to look Delphi salaried retiree pension plight

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC

www.wfmj.com

----------------------------------------------------
anything to get votes, and I bet it doesn't happen.

Yup, that's the way politicians work regardless of party.

Nope, the republican's, they are greedy aholes

Talk about willfully blind......

 

[Thinker101]

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC
Thursday, October 22nd 2020, 4:41 PM EDT by Robert McFerren
Updated:
Thursday, October 22nd 2020, 4:44 PM EDT


Delphi, formerly Packard Electric, was part of General Motors’ parts division, which was spun-off as a stand alone business from GM in 1999 and ended up filing for bankruptcy in 2005.

When Delphi filed for bankruptcy protection, the pension for the employees was turned over to the government-run Pension Benefit Guaranty Corporation, which took on the the pensions of as of Aug. 10, 2009.

Since that time, nearly 22,000 salaried retirees from Delphi, including nearly 1,500 locally, have been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC after Delphi said it could no longer afford to pay the employees pensions.

President orders cabinet to look Delphi salaried retiree pension plight

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC

www.wfmj.com

----------------------------------------------------
anything to get votes, and I bet it doesn't happen.

Yep, if only Biden had thought of this when he was VP.

It was brought up in the republican house, but died.

Now if tramp thought it was so imp. it should of been the first thing he tried to do.

If Biteme thought it was so important it should have been something attempted, after all he did have 8 years as VP. Guess he was too busy working deals with Ukraine, Russia and China.

 

[two_iron]

Plugs: "hmmm..... work on pension plan ruined by greedy, corrupt Dims... or extort millions from China, Iraq, Kazakhstan and Ukraine...."

"Fuck it, show me the money!!!"

 

[CowboyTed]

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC
Thursday, October 22nd 2020, 4:41 PM EDT by Robert McFerren
Updated:
Thursday, October 22nd 2020, 4:44 PM EDT


Delphi, formerly Packard Electric, was part of General Motors’ parts division, which was spun-off as a stand alone business from GM in 1999 and ended up filing for bankruptcy in 2005.

When Delphi filed for bankruptcy protection, the pension for the employees was turned over to the government-run Pension Benefit Guaranty Corporation, which took on the the pensions of as of Aug. 10, 2009.

Since that time, nearly 22,000 salaried retirees from Delphi, including nearly 1,500 locally, have been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC after Delphi said it could no longer afford to pay the employees pensions.

President orders cabinet to look Delphi salaried retiree pension plight

The Delphi Salaried Retirees Association has been locked in a legal battle for the past 11 years after the salaried Delphi employees had their pensions reduced by the PBGC

www.wfmj.com

----------------------------------------------------
anything to get votes, and I bet it doesn't happen.

Yep, if only Biden had thought of this when he was VP.

It was brought up in the republican house, but died.

Now if tramp thought it was so imp. it should of been the first thing he tried to do.

If Biteme thought it was so important it should have been something attempted, after all he did have 8 years as VP. Guess he was too busy working deals with Ukraine, Russia and China.

Again... Killed by GOP...

Could we please stop blaming Biden for GOP inaction... Even Trump was trying to blame Biden for his party being so bad...

 

[LordBrownTrout]

This is funny!!!!