On the recordJuly 27, 2022
Madam Speaker, I yield myself such time as I may consume. Madam Speaker, H.R. 6929, the Susan Muffley Act of 2022, will restore the hard-earned pensions of more than 20,000 Delphi salaried retirees, including 5,000 in my home State of Michigan. The Susan Muffley Act is a bipartisan bill supported by Republicans and Democrats in both the House and the Senate. I worked most particularly with Mr. Ryan of Ohio and Mr. Turner of Ohio on this legislation along with the other cosponsors. It is endorsed by the AARP, the AFL-CIO, and the UAW. I am glad we can come together finally to do what is right for these workers. These are workers who lost their pensions through no fault of their own. In this country, Madam Speaker, if you work hard and play by the rules, you should be able to retire with dignity and with peace of mind. Instead, these workers had the rug ripped out from underneath them and lost their hard-earned benefits. When General Motors filed for bankruptcy during the Great Recession the Federal Government--I repeat, the Federal Government--made the unprecedented step to move in and save the auto industry. At the direction of the Federal Government, however, the U.S. Pension Benefit Guaranty Corporation, the PBGC, assumed responsibility for the Delphi salaried retiree pensions. After negotiations with the Federal Government, the PBGC cut those hard- earned benefits by as much as 70 percent for 20,000 Delphi salaried retirees.…





