This article focuses on the tentative contract between UAW and General Motors (GM) in the U.S. which will move responsibility for health care liabilities for its retired union workers off the balance sheet and into a new union-managed trust fund. GM will put $29.9 billion into a Voluntary ...
REE HEALTH BENEFITS GM TO REPORT $23 BILLION LOSS FOR 1992 LOSS TO INCLUDE $20.8 BILLION CHARGE FOR FUTURE COSTS OF RETIREE HEALTH BENEFITSGM TO REPORT $23 BILLION LOSS FOR 1992 LOSS TO INCLUDE $20.8 BILLION CHARGE FOR FUTURE COSTS OF RETIREE HEALTH BENEFITSALAN L. ADLER Associated Press...
It will require the United Auto Workers to make further cuts in compensation and retiree health care benefits -- painful sacrifices on top of all that they have already done. It will require GMshareholders29to give up the remaining value of their shares -- just as they would have had to d...
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There will be a determined attempt to reinstate specific contractual provisions relinquished during the 2007 negotiations, including retiree health insurance and the abolition of a conventional pension scheme. Since 2010, the number of U.S. automobile manufacturing jobs has risen. However, exponential ...
GS also increased its target price on the shares to $42. Based on a research, GS claims that automobile workers and union representatives will likely agree to concessions on retiree benefits from GM.BogoslawDavidBusinessWeek Online
GM GM also said it was restructuring its pension plan for salaried workers and will revise its salaried-retiree health care benefits to cut its liability by $4.8 billion before taxes. "These are difficult decisions that involve sacrifices by our employees, stockholders, retirees, and the senior ...
The Erosion of Retiree Health Benefits and Retirement Behavior: Implications for the Disability Insurance Program The effects of retiree health insurance on the decision to retire have not been examined until recently. It is an area of increasing significance because o......
the union agreed to let GM offload its $51 billion of retiree healthcare benefits to a trust fund for a $35 billion payment. The settlement after the strike allows GM to offer more buyouts to older workers and hire new workers at lower wages; pay increases are limited to a couple of lu...
GM's get-well plan. It wants to shift retiree health care to a UAW trust, in what could be a template for underfunded states and cites Thottam J. J Thottam - 《Time》 被引量: 2发表: 2007年 Ex-Jaguar design boss to head up new GM studio in UK FORMER JAGUAR DESIGN boss Julian ...