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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: health care trust

health care trust stories: 2 news summaries

GM, UAW Cut Deal on Labor, Health Care

Tentative pact may
save struggling auto giant more than $1B

May 21, 09 1:44 PM CDT
(Newser) - Monitored by the Treasury department, General Motors and the United Auto Workers have reached a tentative deal to modify conditions of their labor contract and retiree health care trust, which could save the flatlining automaker more than $1 billion. Still, Chapter 11 bankruptcy remains likely for GM, and union reps... More »

MORE ABOUT:
United Auto Workers • General Motors • Detroit • automaker • labor costs • health care trust • auto worker

Local UAW Leaders OK GM Agreement

Health-care trust, signing bonus details disclosed

Sep 28, 07 3:37 PM CDT
(Newser) - United Auto Workers local leaders unanimously approved an agreement with General Motors today, setting the stage for a vote of members next week. The contract specifies that GM will inject $29.9 billion into a union-run trust that will assume health care costs, and continue to pay retiree health-care costs... More »

MORE ABOUT:
United Auto Workers • General Motors • health care trust

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