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Valley Delphi retirees to protest in Detroit



Published: Fri, July 30, 2010 @ 12:10 a.m.

By GRACE WYLER

gwyler@vindy.com

WARREN

photo

Bruce Gump

Several members of the Delphi Salaried Retirees Association here will join their Michigan counterparts in Detroit today for a demonstration in front of the General Motors headquarters.

About 100 members of the association are expected to gather in front of Detroit’s Renaissance Center, the world headquarters of GM, to protest the salaried retirees’ treatment by the Obama administration. The demonstration, scheduled to take place between 12 and 2 p.m., will coincide with the president’s visit to Detroit.

A group of about 10 to 20 Delphi salaried retirees from the Warren area will join the protest, said Bruce Gump, spokesman for the local branch of the Delphi Salaried Retirees Association.

The demonstrations will be peaceful, Gump added.

“Nobody is going to block anything,” he said. “They just want to make the point that the president should be talking to us.”

The Delphi salaried retirees are protesting the termination of their pension plans during the federal government’s restructuring of GM last year. The retirees saw their pensions cut by 30 percent to 70 percent when their plans were turned over to the Pension Benefit Guaranty Corp.

The protest aims to draw attention to the issue of the Delphi pensions while the national media spotlight is on Detroit, said Ken Hollis, head of the Michigan Delphi Salaried Retirees Association.

Delphi’s salaried retirees were collateral damage in the government’s bailout of GM, which has been widely touted as a success, Hollis added.

“We are trying to bring attention to the issue and get it resolved,” he said. “With all of the press in town, we are hopeful we can get some people to swing by.”

Hollis said he is hopeful the retirees’ pension problems will be resolved.

“If I could sit down with the president and explain what has happened with the middle class, I can’t imagine he wouldn’t sympathize with our plight,” he added.


Comments

1Stormieangel(136 comments)posted 3 years, 8 months ago

Before I start feeling sorry for these retirees, I would have to ask how much they get every month....at the 70%. There are a lot of lower middle-class retired folks that really struggle to live every month. Maybe these people need to downsize their WANTS in this life and realize how fortunate they are in comparison to a lot of others. Yes, I know that you are used to a good and comfy life, but maybe it is time to re-evaluate whether you need the expensive cars, the expensive clothing, the nights out at restaurants, etc. The unions made life better financially for the hourly employees, who greedily demanded more and more. And I am not going to say I would have been any less greedy. But the greed and corruption in so many sectors have brought our country down...companies moving out of the country for cheap labor, employees of other companies wanting the good life and their benefits raised the price of American products and forced the lower middle class and the poor to buy the cheaper products imported. Jobs were lost because of this greed to pay less and even have inferior products. It truly is a sad situation all the way around.
Our country needs jobs; we need to somehow encourage businesses to return to American. What is going to happen to our young people, our middle-aged people when there are no jobs available?
As I said, it is truly a sad situation that our country is in and the greed and corruption continues...at the expense of those already hurting financially.

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2krj5(2 comments)posted 3 years, 8 months ago

Stormieangel

You talk pretty free about what others don't need. But then again it ain't your money. I bet you'd squawk louder than anyone if YOU took a cut like they did.. What they get or don't get is none of your business. Jealousy will get you nowhere!!!

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3denblack(1 comment)posted 3 years, 8 months ago

Aside from any judgments that are made concerning whether these thousands of egregiously harmed Delphi Salaried Retirees "Deserve Their Pensions", I submit that the only real issue is a "Legal" one.

That is, America is founded upon the "Rule of Law". And, in this case, Federal and Constitutional Laws have been, intentionally, broken by the Treasury, the Auto Task Force, the PBGC, et al. Namely, these folks in the Executive Branch have intentionally decided to discriminate between the Union and Salaried Delphi people---while using Taxpayer Funds to do so.

This is ILLEGAL. Anyone who does not choose to support the Salaried efforts, in this case, is effectively stating that they no longer support the exercise of the "Rule of Law" in America. I doubt that they wish for that to happen. The LAW is on our side in this case.

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4InterestedInAll(13 comments)posted 3 years, 8 months ago

The point is NOT the loss of pensions. The point is that the government made a decision to take care of some while throwing others to the wolves based on their perceived "commercial value!" I wonder when they are going to make the same decisions regarding who should receive any other support on the same basis. You could be next! We need to stop this justification of "commercial necessity" NOW! No party in power should make a decision concerning citizens based on their commercial value!

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5OhioWatcher(43 comments)posted 3 years, 8 months ago

I agree that these workers should receive their full pension.

However, a lot of the republicans whining about this are the same ones who say government should stay out of everything. Had the President not stepped in, these retirees would have NOTHING.

A friend of mine owns a Chevy dealership and he was bitching about how Obama is picking and choosing what he can and can't do. If republicans had it their way he would not have a business.

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6Freeatlast(1991 comments)posted 3 years, 8 months ago

First nobody loss their pension they loss their SS supplement . Or they loss their early out supplements . The PGPC never paid these . READ THE RULES . They did not pay the steel workers so why should they pay Delphi. The union workers had a contract. If we all remember right the salary workers wanted to get out of GM so they could get more work from the foreign companies . Plus the UAW and IUE tried 3 or 4 tines to get the salary workers to join the union , but they were to good for us , We were low life and they did not want to mix with our kind .We feel sorry that Delphi ( not
GM you did not work for GM ,your choice ) did this to them but now they want our support then they said boycott GM . RIGHT. Remember the PGPC pays up to 40,000 a year for Loss pension but no supplements or benefits. Go to there web page and read the rules and do not listen to the BS about this

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7radevers(3 comments)posted 3 years, 8 months ago

Freeatlast has confused the facts about PBGC rules. He is correct that the PBGC does not insure or pay early retirement supplements. The PBGC does pay up to specified maximum limits, based on the age that you start receiving benefits from the PBGC (but never more than the amount you would have received from the employer).
Most of the Delphi retirees worked for GM for many years before being spun-off into Delphi, at GM's whim, not by choice. Any many of them were forced to retire early so that they were depending on the promised early supplements. And their maximum pay level from PBGC is low due to their age.
The real issue is that the Delphi Salaried Retirement Plan should NOT have been take over by the PBGC. The Plan was funded at a level above the funding level of the top 100 pension plans guaranteed by the PBGC at the time they took over the plan. The Treasury Dept, the Auto Task Force, and the PBGC terminated the Delphi plan without following due process.

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