Turner Announces Delphi Pension Field Hearing Details

Today, Congressman Mike Turner (OH-3) announced details on a House Oversight and Government Reform Committee field hearing he requested, to receive testimony directly from local Delphi salaried retirees. Turner, who is a senior member of the Committee, has been pressing the Administration for answers since the Auto Bailout was undertaken. The hearing request stems from a decision by the Pension Benefit Guaranty Corporation (PBGC) that resulted in approximately 20,000 current and future salaried Delphi retirees from across the country taking a severe cut in their pension benefits. On June 22nd, at Turner’s request, a hearing on the Lasting Implications of the General Motors Bailout was held by the House Oversight and Government Reform’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending.

share: f t

Washington D.C. – Today, Congressman Mike Turner (OH-3) announced details on a House Oversight and Government Reform Committee field hearing he requested, to receive testimony directly from local Delphi salaried retirees. Turner, who is a senior member of the Committee, has been pressing the Administration for answers since the Auto Bailout was undertaken. The hearing request stems from a decision by the Pension Benefit Guaranty Corporation (PBGC) that resulted in approximately 20,000 current and future salaried Delphi retirees from across the country taking a severe cut in their pension benefits. On June 22^nd, at Turner’s request, a hearing on the Lasting Implications of the General Motors Bailout was held by the House Oversight and Government Reform’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending.

“I look forward to having Committee Chairman Darrell Issa join me in Dayton on Monday to hear directly from Delphi salaried retirees. Our community is home to a number of salaried retirees who lost their benefits at the hand of the Pension Benefit Guaranty Corporation and these retirees will provide insight into how picking winners and losers has affected their lives and future,” said Turner.

The hearing, entitled “Delphi Pension Fallout: Federal Government Picked Winners and Losers, So Who Won and Who Lost” will be held on Monday November 14^th at 9:00 a.m. The hearing to be held at the Smith Auditorium at Sinclair Community College is open to the press and public.

Key Hearing Details:

Title: Delphi Pension Fallout: Federal Government Picked Winners and Losers, So Who Won and Who Lost

Date: Monday, November 14, 2011

Time: 9:00 a.m. – 12:00 p.m.

Location: Sinclair Community College, Building 12 – Smith Auditorium

444 West 3^rd Street, Dayton, OH 45402

Invited Witness List:

Panel 1
Mr. Steve Gebbia
Former Executive at Delphi Corporation

Mr. Chuck Cunningham
Former Executive at Delphi Corporation

Panel 2
Mr. Den Black
Member of the Delphi Salaried Retirees Association

Mr. Tom Rose
Member of the Delphi Salaried Retirees Association

Mr. Bruce Gump
Member of the Delphi Salaried Retirees Association

Ms. Mary Miller
Member of the Delphi Salaried Retirees Association

Panel 3
Ms. Barbara Bovbjerg
Director for Education, Workforce and Income Security Issues at the U.S. Government Accountability Office

Mr. Vincent Snowbarger
Deputy Director for Operations, Pension Benefit Guaranty Corporation

Permalink: https://turner.house.gov/2011/11/turner-announces-delphi-pension-field-hearing-details

Press Releases