Congressman Mike Turner (OH-3) has joined House Oversight and Government Reform Committee Chairman Darrell Issa in calling for the release of all documents relating to the “topping off” of hourly Delphi worker’s pensions. This latest effort follows a hearing by the Committee, requested by Turner, on the decision by the Pension Benefit Guarantee Corporation (PBGC) that resulted in approximately 15,000 salaried Delphi retirees from across the country taking a severe cut in their pension benefits.
In the letter, the lawmaker’s noted that “the PBGC provided us with two partial disclosures of records, but did not fully comply with our request.” Turner and members of the Committee are specifically seeking “all records and communications between the PBGC and the U.S. Department of the Treasury, the President’s Automotive Task Force, the United Auto Workers, GM, Delphi Corporation and Holding, any Member of Congress or other public official, referring or relating to retirement or pension benefits for GM or Delphi Corporation employees, between November 1, 2008 and August 16, 2011.”
The Committee on Oversight and Government Reform has is the House of Representatives’ main investigative committee. It is charged with the power under House Rule X to investigate “any matter” at “any time.”