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  1. 29 Μαρ 2021 · Last Updated: December 21, 2020. If you are/were represented by the UAW, IUE or, USW union and are/were a Delphi Hourly Plan Participant and are/were retirement eligible with General Motors (GM) and covered by the “Benefit Guarantee,” you might have additional benefits payable to you from GM.

  2. Delphi's six pension plans cover 70,000 workers and retirees. PBGC is paying, or will pay, pension benefits to those individuals up to limits set by federal law. In the near future, we will contact each person in the plans to let them know about the next steps.

  3. 4 Μαΐ 2017 · Starting June 1, about 6,000 Delphi salaried retirees will see a change in how they receive their retirement benefit. They will continue to receive the same benefit amount. If you are one of the affected retirees, PBGC sent you a letter on April 30.

  4. 19 Ιαν 2022 · The US Supreme Court has declined to hear the case of former Delphi Corp. workers who sued when their pension was terminated by their company and the Pension Benefit Guaranty Corporation (PBGC) during General Motors’ 2009 bankruptcy.

  5. 29 Μαΐ 2009 · GM has made pension promises costing approximately $100 billion in today’s dollars. Unfortunately, the investments in its pension funds are worth about $20 billion less than the obligations,...

  6. 10 Ιουλ 2012 · The Delphi Corporation was a global supplier of mobile electronics and transportation systems that began as part of GM and was spun off in 1999. Delphi filed for bankruptcy in 2005, and in July 2009, PBGC terminated Delphi's six defined benefit pension plans and assumed trusteeship of the plans.

  7. 8 Ιουν 2009 · When a company files Chapter 11, one typical measure to unburden the new entity is handing over the pension plan to the Pension Benefit Guaranty Corporation (PBGC), an insurance fund...

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