DELPHI RETIREMENT PROGRAM FOR SALARIED EMPLOYEES
Overview
| Plan Sponsor | DELPHI CORPORATION |
| Case Number | 20637000 |
| Date of Plan Termination | July 31, 2009 |
| Date of PBGC Trusteeship | August 10, 2009 |
| Participants | 20203 |
Status
1: PBGC has taken over as trustee of your pension plan. PBGC is now responsible for paying your pension benefits up to the limits set by law.
2: PBGC is verifying plan and participant information to calculate pension benefits. PBGC has sent letters to notify all participants and beneficiaries that we took over as trustee of your plan.
3: PBGC is calculating pension benefits, subject to legal limits, owed to all participants and beneficiaries.
PBGC has finished reviewing and verifying plan and participant information. We are now calculating the pension benefits, subject to the legal limits, owed to everyone in the plan.
4: PBGC has completed calculating pension benefits, subject to legal limits, owed to all participants and beneficiaries in the plan. We are now sending formal determinations of pension benefits to participants and beneficiaries.
5. All reviews, verifications and calculations have been completed. Formal determination letters describing the amount of pension benefits have been sent to participants and beneficiaries.
Related Resources
Announcements
- Important Tax Information for participants in Delphi’s Salaried Employees Plan
- Delphi FAQs for Benefit Impacts from PBGC Sale
- New Informational Videos for Delphi Salaried Plan
- Retirees: Payee Information Form Required
- Retirees: Change to Deductions from Pension Payments
- Future Retirees: Estimated Benefit Calculations
News Releases
- PBGC Sells Interest in Delphi Automotive LLP (March 31, 2011)
- PBGC To Assume Delphi Pension Plans (July 22, 2009)
- PBGC Director Praises Pension Transfer from Delphi to GM (September 25, 2008)
- PBGC Director Millard Comments on Announced Pension Transfer from Delphi to General Motors (September 12, 2008)
- Statement by PBGC Director Charles E.F. Millard on Expiration of Pension Waivers at Delphi Corp. (May 09, 2008)
