Delphi Pension Plans GM Agreements with Unions Give Rise to Unique Differences in Participant Benefits

Format:

Book

Government document

Author/Creator:

United States. Government Accountability Office

Language:

English

Subjects (All):

Employee fringe benefits.

Finance--Law and legislation.

Finance.

Investments, Foreign.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2011

Summary:

Includes tables and graphs throughout

Report examining reasons for Pension Benefit Guaranty Corporation (PBGC) July 2009 decision to terminate Delphi Corporation defined benefit plans, determining extent of role of Department of Treasury in this decision, and identifying PBGC actions to secure Delphi Corporation domestic and foreign assets as part of its recovery process. Explains why certain Delphi Corporation employees will receive reduced pension benefits and others will not, and discusses what information was communicated to employees about the termination of their plans

Notes:

Print

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Feb. 2013). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version United States. Government Accountability Office. Delphi Pension Plans:. 2011 J942-563

Publisher Number:

CMP-2011-GAO-0558

Access Restriction:

Restricted for use by site license