Turner Statement on PBGC Rejection of Mediation with Delphi Salaried Retirees


By:  Mike Turner
Date: Sept. 27, 2012
Location: Dayton, OH

Congressman Mike Turner released the following statement today, after the Pension Benefit Guaranty Corporation (PBGC) rejected non-binding mediation with the Delphi Salaried Retirees. Recent media reports have indicated that the U.S. Treasury Department and PBGC made decisions that resulted in approximately 20,000 salaried Delphi retirees from across the country taking a severe cut in their pension benefits.

"I am disappointed to learn that the PBGC has rejected the request of Delphi Salaried Retirees to engage in non-binding mediation. With countless retirees throughout Ohio and across the county, PBGC's refusal of the Delphi Salaried Retirees' good faith offer to discuss the rightful restoration of their pensions is disheartening, but not surprising. For years now, this Administration has denied these retirees, Congress, and American taxpayers the transparency and answers they deserve. I remain committed to uncovering the truth behind the Administration's backroom deal to slash the hard-earned pensions of these Delphi Salaried Retirees."

Help us stay free for all your Fellow Americans

Just $5 from everyone reading this would do it.

Thank You!

You are about to be redirected to a secure checkout page.

Please note:

The total order amount will read $0.00 but know that a recurring donation of the amount and frequency that you selected will be processed and initiated tomorrow. You may see a charge of $0.00 on your statement.

Continue to secure page »