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By Don Shilling
The Howland resident is optimistic that senators will work to restore pension benefits.
A local Delphi Corp. retiree was encouraged after telling a congressional committee Thursday about the loss of pension benefits by many area residents.
“I think it went very well. I’m very pleased,” said Bruce Gump, of Howland, after his testimony before the Senate Committee on Health, Education, Labor and Pensions on Capitol Hill in Washington.
Gump is a member of the Delphi Salaried Retirees Association, which has been fighting Delphi’s decision to terminate its pension plans and turn them over to the federal Pension Benefit Guaranty Corp. Retirees are expecting pension cuts of between 30 percent and 70 percent at the first of the year.
The Senate committee was looking into a variety of pension issues, and Gump was one of eight people to testify.
Gump said he focused his remarks on the Delphi situation. He explained the retirees’ assertion that the PBGC was wrong to give up liens that it had against Delphi’s assets and that it is unfair that General Motors is paying to restore the pensions of hourly workers but not salaried workers.
He said U.S. Sen. Sherrod Brown, D-Avon, a member of the committee, asked about the effect the lost pensions would have on communities.
Gump said he talked about a study by Youngstown State University that said 4,830 jobs will be lost in the Mahoning Valley as Delphi retirees have less money to spend at local businesses. He also passed along personal stories of people who face serious medical conditions with lower pensions and a health-care plan that changed so that the retirees bear more of the cost.
Gump said retirees are hoping the committee members will contact officials in the administration, as well executives at GM and Delphi, and press to restore the pensions.
“From the sense of outrage that was apparent from the senators, I think it will happen,” he said.
A House subcommittee also has agreed to consider pensions issues and plans to have testimony about Delphi retirees.
Gump said he hopes to testify at that hearing, but the witness list has not been set.
Gump was introduced at the hearing by U.S. Rep. Tim Ryan of Niles, D-17th. Ryan has been working with the salaried retirees and is credited with setting up the hearing by the House Subcommittee on Health, Employment, Labor and Pensions. A date on that hearing has not been set.
shilling@vindy.com
Comments
Mr Gump I'm glad your trying to get this restored, but other people have lost theirs and recieved NOTHING or What the Fund Pays! What about them ? Your comments about Youngstown State doing a STUDY is just that a STUDY. What crystal ball do they have ? As far as GM union people getting there pension. That isn't fare at all. And I'm a Union Tradesman. I don't know if it's becaused they paid Union Dues while they were working or not. But it's not RIGHT! They should be in the same barrel as you (Management) people are. Well I'll close and hope this gets resolved to your benfit,but don't hold your breath Ryan and Brown are just puppets ! And YES Men.
timOthy---you are a union tradesman??? You must belong to company union--or you wouldn't be talking like that.
You gave it away when you said Ryan and Brown are just puppets.They did more than anyone to help Delphi retirees.
rocky14, Yes they are puppets ! What about the rest of us ? What about the Non-Union homes these people live in or the Non-Union Contractors they use for services in Electric, Water, and so on ?Rocky have you ever thought that they are SCABS and only looking out for themselves? That's my view of these over paid Auto Workers who BOLT to the north for 8 hours !