Dayton, OH—Five years ago today, more than 20,000 Delphi Salaried Retirees had their pensions unjustly terminated in the wake of the Obama Administration's failed bailout of General Motors.
Today, Congressman Mike Turner met with a group of Delphi Salaried Retirees from the Dayton-area in a closed door briefing to discuss the progress that has already been made and to identify what future action must be taken.
“Five years ago today, a taxpayer-funded bailout picked winners and losers and unfairly cost the Delphi Salaried Retirees their futures.
For the last five years, I have worked diligently alongside these retirees to hold the Obama Administration accountable.
Today, I am pleased to announce our latest initiative,” said Congressman Turner.
Recently, Josh Gotbaum, the director of the PBGC announced that he will retire in August.
This morning, Congressman Turner sent a letter to the President urging him to fill that position with an individual committed to transparency, accountability, and to providing the Delphi Salaried Retirees with final benefit determinations as quickly and accurately as possible (attached).
"For too long the PBGC has failed the Delphi Salaried Retirees.
I am hopeful that the President will heed my request as considers a nominee," said Congressman Turner.
"This injustice will not be tolerated or forgotten and we will continue to move ahead until the Delphi Salaried Retirees receive the full and equitable treatment they deserve,” said Congressman Turner.
With both Ohio U.S. Senators on the Senate Finance Committee, Congressman Turner has also written to Senator Portman and Senator Brown to further highlight this issue (attached)