Grant of Individual Exemptions; General Motors Hourly-Rate Employees Pension Plan; General Motors Retirement Program for Salaried Employees; Saturn Individual Retirement Plan for Represented Team Members; Saturn Personal Choices Retirement Plan for Non-Re...
GM Plan. The term “GM Plan” shall mean the collectively bargained General Motors Health Care Program for Hourly Employees as set forth in Exhibit C-1 of the 2007 and prior GM-UAW National Agreements, as applicable to those GM-UAW Represented Employees who had attained seniority prior to Sep...
“Hourly Pension Plan” Adopted in 1950 In 2002 paid $6.4 billion to 340,000 beneficiaries “Salaried Retirement Program” Also adopted in 1950 In 2002 paid $2.1 billion to 117,000 beneficaries Financial Status of GM Pensions 2002 plan assets: $60.9 billion ...
add another: GM's hourly and salaried employees, present and past, essentially own this company, a fact we will prove by describing some bank accounts. At the end of 2004, the latest date for which figures are available, GM's pension funds (both...
1937– After a strike, GM recognizes the United Auto Workers (UAW) for its hourly workers. 1955– Number of employees reaches 576,667 1971– GM buys 34.2 percent of Isuzu Motors Ltd. GM raises stake to 49 percent in 1998 and later sells it. ...
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