Download or read book Delphi Bankruptcy written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-05-14 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: DELPHI BANKRUPTCY: Termination of Delphi Pension Plans

Download or read book Delphi Bankruptcy Termination Of Delphi Pension Plans written by and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Key Events Leading to the Termination of the Delphi Defined Benefit Plans written by and published by DIANE Publishing. This book was released on with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Delphi Bankruptcy written by A. Nicole Clowers and published by . This book was released on 2013-02-17 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Examining the Delphi Bankruptcy s Impact on Workers and Retirees written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Health, Employment, Labor, and Pensions and published by . This book was released on 2010 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Delphi bankruptcy written by A. Nicole Clowers and published by . This book was released on 2012 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Delphi Pension Fallout written by United States. Congress. House. Committee on Oversight and Government Reform and published by . This book was released on 2012 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Delphi Corporation written by and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Delphi Pension Plans written by Government Accountability Office and published by . This book was released on 2017-08-17 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Pension Benefit GuarantyCorporation (PBGC) terminated theunderfunded six qualified definedbenefit (DB) plans of the DelphiCorporation, a former subsidiary ofGeneral Motors (GM), in July 2009.Given questions about how PBGCcame to terminate the plans, whethertreatment for certain Delphi workerswas preferential, and the role of theU.S. Department of the Treasury(Treasury) in these outcomes, GAOwas asked to answer the followingquestions:(1) What precipitated PBGC's decisionto terminate Delphi's plans and whatwas Treasury's role, if any? (2) What actions did PBGC take tosecure Delphi domestic and foreignassets as part of its recovery process? (3) Why will certain Delphi employeesreceive reduced pension benefits andothers will not?(4) What information wascommunicated to employees about thetermination of their plans?GAO issued a timeline of key eventsleading to the plans' termination inMarch 2011 (GAO-11-373R). Toexamine the issues more fully for thisreport, GAO analyzed additionalinformation from PBGC, Treasury, GM,Delphi, and Delphi employee groupsand unions, and interviewed representatives from thoseorganizations. For comparisonpurposes, GAO also reviewed thetermination and recovery processes forall ten firms with the largest terminationclaims from plans trusteed by PBGC.Treasury's comments generally agreedwith GAO's findings and conclusions. What GAO FoundAs a result of the termination of Delphi's pension plans in July 2009 and statutorybenefit limits, many Delphi retirees will receive less from PBGC than their fullbenefit promised by Delphi. However, some of those experiencing statutoryreductions will still receive their full benefits because of union agreements withGM. With respect to PBGC's role in the process, the steps taken to terminate theplans and reduce some benefits according to statutory limits are consistent withPBGC's usual actions when terminating large plans.

Download or read book Delphi pension plans written by United States. Government Accountability Office and published by . This book was released on 2011 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Troubled Asset Relief Program written by Barbara D. Bovbjerg and published by DIANE Publishing. This book was released on 2010-08 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over $81 billion has been committed under the Troubled Asset Relief Program (TARP) to improve the domestic auto industry's competitiveness and long-term viability. The bulk of this assistance has gone to GM and Chrysler, who sponsor some of the largest defined benefit pension plans insured by the federal Pension Benefit Guaranty Corp. (PBGC). This report examines: (1) the impact of restructuring on GM's and Chrysler's pension plans; (2) the impact of restructuring on auto supply sector pension plans; (3) the impacts on PBGC and plan participants should auto industry pension plans be terminated; and (4) how the federal government is dealing with the potential tensions of its multiple roles as pension regulator, shareholder, and creditor.

Download or read book The Federal Bailout of AIG written by United States. Congress. House. Committee on Oversight and Government Reform and published by . This book was released on 2011 with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book After the Financial Crisis written by United States. Congress. House. Committee on Financial Services. Subcommittee on Oversight and Investigations and published by . This book was released on 2010 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Administration s Proposals for Financial Regulatory Reform written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2010 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Volt Vehicle Fire written by United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Regulatory Affairs, Stimulus Oversight, and Government Spending and published by . This book was released on 2012 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lasting Implications of the General Motors Bailout written by United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Regulatory Affairs, Stimulus Oversight, and Government Spending and published by . This book was released on 2011 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The State of the Domestic Automobile Industry written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2010 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: