Subpoena issued in fight for Delphi retirees - 21 News Now, More Local News for Youngstown, Ohio -

Subpoena issued in fight for Delphi retirees

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WASHINGTON D.C. - Another step has been taken in the Delphi retirees' fight against what they are calling "illegal and unethical treatment" during the government bailout of General Motors.
 
The chairman of the House Oversight and Government Reform Committee issued a subpoena for records and communications sent from or received by the U.S. Department of the Treasury relating or referring to retirement or pension benefits for General Motors Company or Delphi Corporation employees.
 
The subpoena specifically requests communications between the treasury department and any employees of the President's Automotive Task Force, United Auto Workers, Pension Benefit Guaranty Corporation, General Motors Company, Delphi Corporation, and DPH Holdings Corporation as well as any public official.
 
"Taxpayers deserve the full truth about how decisions were made to use their money in an Administration effort that resulted in protecting generous pensions for unionized Delphi employees while greatly diminishing benefits for non-unionized employees," reads a letter to Treasury Secretary Jacob Lew from committee chairman Darrell Issa, R-Calif.; subcommittee chairman John Mica, R-Fla.; and Rep. Michael Turner, R-Ohio.
 
Issa, Mica and Turner have been leading the investigation that lead to the subpoena .
 
The oversight committee has sent several requests over the years for the records being subpoenaed and its members claim to have only received a "fraction of the responsive documents."
 
The last request was sent September 27.
 
The board vice-chairman of the Delphi Salaried Retirees Association says the more than 20,000 Delphi salaried retirees lost up to 70 percent of their pensions because of the way the auto bailout was handled.
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