Boehner Applauds Congressman Turner’s Leadership in Latest Push for Delphi Answers |
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Topics: Delphi
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Congressman John Boehner
June 26, 2014
Today, Speaker Boehner joined Congressman Mike Turner and Ohio Delegation Republicans in a new push for information on the delay of Delphi Salaried Retirees’ final pensions and benefits. In 2009, more than 20,000 Delphi Salaried Retirees had their pensions unjustly terminated in the wake of the federal government’s bailout of General Motors. But despite the Pension Benefit Guaranty Corporation’s stated policy of issuing these determinations in three years, these retirees have waited for nearly five years for the PBGC to complete the basic documentation necessary to begin the benefit determination process.
In a letter to the Office of Inspector General, Ohio Delegation Republicans issue a formal inquiry into the Pension Benefit Guaranty Corporation’s delay in providing final benefit determinations for Delphi Salaried Retirees.
“I applaud Congressman Turner for leading this continued effort to press this administration for the truth on the Delphi Salaried Retirees,” Boehner said. “Here we are, almost five years later, with unanswered questions and a sheer lack of transparency from the president and his administration on the pensions and benefits that these retirees so rightly earned. They’ve lost so much, and we won’t let up until they get the straight answers they deserve.”