Getting your player ready...
NEW YORK — Auto parts supplier Delphi has until today to transfer its pension plans for hourly workers to its former parent, General Motors Corp., or the government’s pension insurer says it plans to file a claim for another $900 million of Delphi’s assets.
The lien for missed contributions could be filed as early as today with the Washington, D.C., Recorder of Deeds, said Pension Benefit Guaranty Corp. spokesman Jeffrey Speicher.
The PBGC already has filed $1.6 billion in liens against Delphi’s foreign subsidiaries.
Speicher said Thursday that the agency is waiting to file the $900 million lien after hearing that Delphi and GM were negotiating a possible agreement.
