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This is the Official website of the Delphi Salaried Retiree Association (DSRA) VEBA (Voluntary Employees Beneficiary Association) managed by the DSRA Benefit Trust. The VEBA is for Delphi Salaried and hourly retirees that provides medical and life insurance programs for eligible members.

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Tuesday, January 27th, House and Senate Hearings That Could, Potentially, Lead to HCTC Extension in 2015

This notice is intended for DSRA members who are interested in following the process that trade-related legislation will follow in Congress this year. 

Our previous posting indicated that one potential pathway to get the Health Coverage Tax Credit (HCTC) reinstated is to include it in trade-related legislation that will be considered first in the U.S. House Ways and Means and Senate Finance Committees. These Committees will begin trade-related discussions on Tuesday, January 27, 2015. 

The hearings are open for viewing live or as archived items at a later date.

On Tuesday, January 27, 2015,

The Senate Finance Committee will meet at 10 a.m. To access this hearing, click on this link:  http://www.finance.senate.gov/hearings/ and select the January 27 hearing:  

The House Ways and Means Committee will meet at 2 p.m.  To access this hearing, click on this link: http://waysandmeans.house.gov/. At the bottom of the homepage, click on the UStream tab.  Archived Committee hearings are located next to that tab on the Committee Video tab.

Again, this notice is intended to provide information to interested members who want to personally follow trade-related legislation discussions. 

Your HCTC Committee will continue to provide updates regarding activity specific to the HCTC via this VEBA-BT Website.

NOTE: It is not possible, at this early stage in the 114th Congress deliberations, to know how probable it will be that HCTC will be included in any upcoming trade-related, or other, Legislation. Rest assured, however, your DSRA HCTC Committee will be watching to identify any / all opportunities that arise.

TUNE IN EARLY: It is a GOOD IDEA to access the Links, above, about 15 minutes before the scheduled start of each Hearing. Past experience tells us that the Link to ACTUALLY VIEW the Hearing may not be posted until just a few minutes before the Hearing begins.

If you are having any technical difficulties, you can Contact: Den Black @ 757-262-9925 Cell

The DSRA HCTC Committee

Last Updated on Sunday, 25 January 2015 16:23

Efforts Continue to Get the Health Coverage Tax Credit (HCTC) Reinstated

January 15, 2015

The DSRA HCTC Committee is continuing efforts in 2015 to get the HCTC reinstated.

We resumed communications with key Congressional staff contacts in early January to develop the best strategy to achieve success.

To date, our contacts tell us that the most likely means to include HCTC will be trade-related legislation Congress is slated to consider this year. 

While there is no definitive timetable to share with you, we understand there is a good chance trade legislation discussions will begin in February or March. Some Congressional staffers say that timing for passing legislation could be between May and November.

We have been clear with Congressional leaders that HCTC must be reinstated as soon as possible in 2015.

Remember:  Blue Cross Blue Shield of Michigan considers approval of the HCTC a “qualifying event,” by which it can establish an Open Enrollment window separate from the annual enrollment period.  During this timeframe, our retiree group will be allowed to reenter the BCBSM plans or change levels of BCBSM coverage.

As you watch or read news reports, here are some terms to pay attention to:  Trade Promotion Authority (TPA) and Trade Adjustment Assistance (TAA).  Also keep your eyes and ears open on the activities of the House Ways and Means and Senate Finance Committees. Members of those Committees will be the first to consider trade-related legislation.  

We will continue to keep you informed, via postings on this VEBA-BT website, about the twists, turns and progress being made toward getting this very critical tax credit reinstated.

Tom Green (OH), Chairman

Bruce Gump (OH), (Board Report)

Fred Arndt (MI)

Louise Belline (NY)

Den Black (VA)

Sharon Delezenne (MI) (VEBA Board)

Ken Garber (FL) (VEBA Board)

Jim Herbert (IN)

Elaine Hofius (PA)

Mary Ann Hudzik (OH)

Jim Johnson (MS)

Mike McCurdy (OH)

Gil Putt (WI)

Last Updated on Friday, 16 January 2015 10:41

Portman Statement on Tax Extenders Package

Portman Statement on Tax Extenders Package

Dated:  Tuesday, December 16, 2014

 

Washington, D.C. – U.S. Senator Rob Portman (R-Ohio) today released the following statement on his vote against the tax extenders package:

 “I was disappointed that we couldn’t come to a longer-term extenders agreement. By the time the bill gets to the President’s desk, we’ll essentially be extending these provisions for 15 days and by the time we come back into session, the provisions will all have expired.

 “Further, I believe that we missed a great opportunity to make a few of the key expiring provisions permanent.  Permanency for provisions like the R&D tax credit and expensing for small businesses would have given businesses the certainty they need to grow and create jobs, something that’s crucial in our recovering economy.  The bill that passed the Senate today leaves families and businesses in limbo over what exactly their tax bill will be for another year.

Last Updated on Sunday, 21 December 2014 17:44

Read more: Portman Statement on Tax Extenders Package

DECEMBER 13 UPDATE ON POTENTIAL HCTC REINSTATEMENT

As Congress Adjourns for 2014:  HCTC Is Not and Will Not be Reinstated This Year

As Congress adjourns for the year, we are deeply disappointed in their inability to reinstate HCTC. However, we are hopeful about its reinstatement in 2015 with the new Congress.

Everyone has to make their 2015 health care decisions based on the information available. Keep in mind, that if you are not part of the VEBA, BCBS of Michigan has agreed to an open enrollment when HCTC is reinstated. This will be open to all Delphi retirees, and you can join or change to any of their plans.

Last Updated on Sunday, 14 December 2014 13:03

Read more: DECEMBER 13 UPDATE ON POTENTIAL HCTC REINSTATEMENT

Turner Continues Push for Extension of the HCTC for Delphi Salaried Retirees

 

Dated Tuesday, December 9, 2014

Washington, DC:
Today, following the filing of an amendment by Senators Portman and Brown that would extend the Health Coverage Tax Credit (HCTC) for Delphi Salaried Retirees, Congressman Mike Turner sent a letter to Leaders Reid and McConnell urging them to support this bipartisan amendment and the extension of the HCTC.

 “For the last year, Delphi Salaried Retirees have been paying out of pocket for their health insurance premiums.

The Health Coverage Tax Credit is critical to helping thousands of Delphi Salaried Retirees, who have already lost so much, afford the health care they need. I urge Leaders Reid and McConnell to support this bipartisan amendment and extend the HCTC.” he wrote.

Last Updated on Wednesday, 10 December 2014 15:35

Read more: Turner Continues Push for Extension of the HCTC for Delphi Salaried Retirees

2014 Q3 Financial Report

Here is a link to the September 30, 2014 (Unaudited) Q3 financial results for the Trust: 2014 Q3 Financial Report

Last Updated on Wednesday, 10 December 2014 15:36

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