General Motors and the United Auto Workers have struck a contract deal that sent striking union members back to the job today, reports the Detroit Free Press. The late-night agreement includes GM's plan for a health program, which was the major sticking point in earlier negotiations.
The new plan will shift the burden of health care for retired workers from the company to the union in exchange for a one-time payment. The figure GM has agreed to pay the union was not immediately available. "This was one of the most complex bargaining sessions in the history of the GM/UAW relationship," said GM CEO Rick Wagoner.