"The Secretary of the Treasury, the Secretary of Commerce, and the Secretary of Labor, in consultation with the Assistant to the President for Trade and Manufacturing Policy, shall review the Delphi matter ... and inform the President ... of any appropriate action that may be taken, consistent with applicable law, to [1] address affected Delphi retirees' lost pension benefits, and [2] bring additional transparency to the decision to terminate the plan ... This review shall include an evaluation of the feasibility of enacting legislation and whether the plan may be restored to its pretermination status under section 1347 of title 29, United States Code....

"The Secretary of the Treasury, the Secretary of Commerce, and the Secretary of Labor, in consultation with the Assistant to the President for Economic Policy, shall review the pension plans presently held in trusteeship by the PBGC and inform the President ... of any appropriate action that may be taken consistent with applicable law. Actions may include proposing legislation that appropriately balances the interests of all those covered by the pension system -- from retirees, workers, employers, and unions, to plans and taxpayers -- to address the insolvency of such plans and to maintain the future solvency of the PBGC's Single-Employer and Multi-Employer Programs." [Also see: Fact Sheet]  MORE >>