HR. 1357In Committee
Susan Muffley Act of 2025
Restores full vested monthly pension benefits for eligible participants in certain Delphi Corporation plans terminated after General Motors' 2009 bankruptcy
Plain-English overview
What this bill does
Restores full vested monthly pension benefits for eligible participants in certain Delphi Corporation plans terminated after General Motors' 2009 bankruptcy
Key points
- Establish pension payment fund
- Require PBGC benefit recalculations
- Authorize lump sum benefit payments
- Designate tax treatment of payments
Current status
Where it stands
Status
In Committee
Latest action
2025-02-13 — 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.
Related context
Topics and policy areas
undefinedCongressional oversightEmployee benefits and pensionsGovernment trust fundsLabor and Employment