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Tim O’Toole Quoted in Wall Street Journal Regarding Delphi Retirees’ Case Against the PBGC

Subtitle
“Delphi Workers: Treasury Coerced PBGC Into Unfair Pension Deal”

The Wall Street Journal

Tim O’Toole is quoted regarding the case the Delphi Salaried Retirees Association has brought against the government’s Pension Benefit Guaranty Corporation. The association filed a lawsuit in September "to get people their pensions back," O'Toole, who represents the association, said. O'Toole said a preliminary injunction has also been filed to stop PBGC from cutting the workers' benefits and that the PBGC is slated to reduce the salaried workers' benefits in January.