Bills · HR 1895
IN COMMITTEE· 119TH CONGRESS
House BillHR 1895Government trust fundsCongressional oversight
Delphi Retirees Pension Restoration Act
INTRO MAR 6· LAST ACTION MAR 6
READING
8MIN
COSPONSORS
20BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it addresses a long-standing issue for a specific group of retirees who lost a portion of their pensions through no fault of their own. Many Delphi retirees, particularly those who were salaried employees or non-union, saw their retirement income significantly cut when their pension plans terminated, even after years of work. If this bill becomes law, it could restore financial security for thousands of elderly Americans, providing them with the full benefits they were promised and have been fighting for.
Without this bill, these retirees would continue to receive their current, reduced pension benefits, and would not receive compensation for the past shortfalls. Passing the bill would set a precedent for how the government addresses pension shortfalls during corporate bankruptcies for specific groups, while not passing it would maintain the status quo where these specific retirees bear the brunt of their former employer's financial collapse under current PBGC guarantee limits.
KEY PROVISIONS
5AI-extractedPROVISION 01
Increases guaranteed monthly pension benefits for eligible Delphi retirees and beneficiaries to their full vested amount, overriding typical PBGC limits.
This directly restores the full pension amount that many retirees lost, rather than the reduced amount provided under standard government guarantees.
PROVISION 02
Requires the Pension Benefit Guaranty Corporation (PBGC) to recalculate past benefits and issue lump-sum payments within 180 days for any underpaid amounts, plus 6% annual interest.
This provides immediate financial relief and compensation for years of lost income for affected individuals.
PROVISION 03
Specifies eligibility criteria, including an exclusion for those already covered by 1999 General Motors-union "top-up" benefit agreements.
This ensures the benefits target those specific Delphi retirees who were not previously compensated for their pension losses.
PROVISION 04
Identifies six specific Delphi-related pension plans whose retirees and beneficiaries would be covered by the increased benefits.
This provision clearly defines the scope of the bill and limits it to a specific set of pension plans.
PROVISION 05
Directs that the funding for these increased payments will come from the unobligated balance of existing PBGC funds for basic benefits.
This clarifies the funding mechanism without requiring new appropriations from general taxpayer funds.
SPONSORSHIP
1 + 20
R· Indiana
YRS IN OFFICE
5
BILLS LED
17
COSPONSOR BREAKDOWNBIPARTISAN · 70%
DEM 7 REP 13 IND 0
ACTION TIMELINE
2 EVENTSMAR 6
Introduced in House
MAR 6
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.
BILL INFO
TypeHouse Bill
NumberHR 1895
Congress119th
StatusIn Committee
IntroducedMar 6, 2025
Last actionMar 6, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED MAR 6, 2025
House BillHR 1895Government trust fundsCongressional oversight
Delphi Retirees Pension Restoration Act
INTRODUCED MAR 6, 2025· LAST ACTION MAR 6, 2025
PASSAGE CHANCES
—%
READING
8 min
COSPONSORS
20
COMPLEXITY
Moderate
