The U.S. Supreme Court on Tuesday declined to hear a case brought by former salaried employees of the auto supplier Delphi who argued their pensions were wrongly cut when those for union workers were preserved.
Ron Beeber, a spokesman for the Delphi Salaried Retirees Association (DSRA), said the decision brings to an end a 12-year legal battle against the Pension Benefit Guaranty Corp. (PBGC), which is the insurer of last resort when pension plans are deemed unable to meet their obligations.
Some 20,000 salaried employees of Delphi, which was based in Troy, Michigan and spun off of General Motors in 1999, saw their pensions reduced even as GM agreed to fully fund those for union workers of the company. That occurred as GM, which needed Delphi parts, went through a government-arranged bankruptcy and rescue in 2009.
