H.R. 1357 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned, Feb 13, 2025
What this bill does
In plain words · AI-written from the official summaryRestores pension benefits for Delphi retirees
This bill fixes what happened to certain pension plans when General Motors went through bankruptcy in 2009 and Delphi Corporation's plans were terminated. The Pension Benefit Guaranty Corporation, which protects pensions, would recalculate benefits to restore what eligible participants were originally promised. The bill also sets up a fund to pay for these restored benefits and handles how the payments are taxed.
How it affects you
If you were a participant in one of the Delphi pension plans that ended in 2009, this bill directly affects you. You would receive recalculated monthly payments going forward and get a lump-sum payment to make up for the difference between what you received and what you should have gotten. The bill specifies the tax treatment of these additional payments.
Read the official summary (Introduced in House, Feb 13, 2025)
Susan Muffley Act of 202 5
This bill restores the full vested monthly benefits for eligible participants of certain pension plans that were sponsored by Delphi Corporation and terminated as a result of General Motors' bankruptcy in 2009.
The Pension Benefit Guaranty Corporation (PBGC) must recalculate and adjust each plan participant's monthly benefits payment. The PBGC must also apply the recalculation to previously-made monthly payments and make a lump-sum payment for any additional benefits based on the recalculation.
The bill establishes and provides appropriations to a fund for the payment of these benefits and specifies how the lump-sum payments are treated for tax purposes.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 1357
A BILL
Susan Muffley Act of 2025
Sponsor: Rep. Michael R. Turner (R-OH-10) · Introduced Feb 13, 2025 · Labor and Employment · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Feb 13, 2025: “Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.”