$912 million
Tue July 26th, 2022
Offsetting collections (removed from estimate); as modified by Amendment 2, the Manager's Amendment
117th Congress
Sponsor: Rep. Daniel Kildee — D — MI
Restores the full vested monthly benefits for eligible participants of certain pension plans that were sponsored by Delphi Corporation and terminated as a result of General Motors' bankruptcy in 2009. The Pension Benefit Guaranty Corporation (PBGC) must recalculate and adjust each plan participant's monthly benefits payment. The PBGC must also apply the recalculation to previously-made monthly payments and make a lump-sum payment for any additional benefit...
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