H.R. 1895 · 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, Mar 6, 2025
What this bill does
In plain words · AI-written from the official summaryRestores pension benefits for Delphi retirees
When General Motors went through bankruptcy in 2009, it affected pension plans for people who worked at Delphi Corporation. This bill would restore the full monthly pension benefits that eligible retirees were promised. The Pension Benefit Guaranty Corporation (a federal agency that protects pensions) would recalculate what people are owed, adjust their ongoing monthly payments, and send lump-sum payments for any benefits they missed out on.
How it affects you
If you were a participant in one of these Delphi pension plans, you would receive restored benefits and catch-up payments. This directly affects the retirees and their families who lost pension money when the plans were terminated during the GM bankruptcy.
Read the official summary (Introduced in House, Mar 6, 2025)
Delphi Retirees Pension Restoration Act
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.
Monthly benefits under the bill must be paid using specified PBGC funds, and the bill 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. 1895
A BILL
Delphi Retirees Pension Restoration Act
Sponsor: Rep. Victoria Spartz (R-IN-5) · Introduced Mar 6, 2025 · Labor and Employment · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Mar 6, 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.”