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Delphi Salaried Pension Plan - Participant FAQs

Now that PBGC has begun to issue benefit determinations for the Delphi Salaried plan, we want to let you know what to expect next and answer your questions.

Delphi Salaried Plan Facts:

Date of Plan Termination (DOPT):

07/31/2009

Date of Plan Trusteeship (DOTR):

08/10/2009

Number of Participants:

20,000

Current Retirees:

9,600

Plan Assets as of the DOPT:

$2.5 Billion

Plan Liabilities as of the DOPT:

$4.5 Billion

PBGC's liability for the Delphi Plan as of the DOPT

$4.0 Billion

Delphi Salaried Plan Processing:

PBGC has completed all of the steps needed to calculate plan benefits and began issuing benefit determinations to participants beginning in October 2015. As of December 2017, we have issued over 19,600 (or 98 percent) of the approximately 20,000 benefit determinations for the plan. The remaining benefit determinations to be issued include more complex participant and/or beneficiary matters (e.g., divorce settlements).

Delphi Salaried Benefit Determinations

Effect of the PBGC Legal Limits on the Salaried Plan

PBGC's Legal Limits

Valuation of Assets:

Participants Not Yet Receiving Benefits

Delphi Salaried Underpayments

Delphi Salaried Overpayments

 

FAQs Print Version [PDF]

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