Today, Congressman Turner was joined by Speaker Boehner, Senator Portman and Ohio Delegation Republicans as they continued their efforts to gain information on the Pension Benefit Guaranty Corporation’s (PBGC) delay in providing final benefit determinations for Delphi Salaried Retirees.
More than 20,000 Delphi Salaried Retirees had their pensions unjustly terminated in the wake of the federal government’s taxpayer-funded bailout of General Motors in 2009. In this letter, Congressman Turner is asking the PBGC Acting Director to provide answers and documents regarding the delay in completing final benefit determinations for these retirees.
Congressman Turner previously led Ohio Delegation Republicans in calling for the agency’s Inspector General to conduct an inquiry into this delay, and the results of that report included the PBGC’s self-imposed deadlines for completing key documents and providing final determinations. Today’s letter asks for a status update on the completion status of each document, an explanation for any delays, and copies of any completed documents.
“I am proud to lead the fight for the Delphi Salaried Retirees and their families. This letter asks for accountability and answers for Delphi Salaried Retirees,” said Congressman Turner. “Nearly six years ago, the government picked winners and losers that left over 20,000 of these retirees with drastic reductions to their hard-earned pensions and benefits. These men and women deserve the benefits they were promised, not years of stonewalling and delay from the Administration.”
“We are continuing our push for answers from the PBGC for Delphi salaried retirees. Their pensions and benefits were unjustly terminated and it is unacceptable that another year has gone by as retirees wait for a final determination,” said Speaker Boehner. “We won’t let up and I thank Congressman Turner for leading the Ohio Republican delegation in calling for transparency and accountability from the president and his administration on this issue.”
“The Delphi salaried retirees and their families have gone too long without adequate answers regarding their pensions,” said Senator Portman. “It’s important we continue to work for answers for these Ohioans who lost their pensions through no fault of their own.”