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According to a UAW leader, GM and the union expect to have details and dates this month for the first phase of a special retirement program. Letter indicates GM and UAW closing in on dates for ...
The Detroit Free Press has learned more details on when GM and the UAW will start the first phase of the $50,000 retirement buyout program. ... rule that may penalize the pension fund if too many ...
DETROIT (Reuters) -United Auto Workers President Shawn Fain is under investigation by an independent federal monitor over allegations of retaliation against other union leaders, according to a ...
UAW has asked for an immediate 20 percent raise and yearly gradual increases totaling an hourly pay increase of 46 percent, the restoration of traditional pension payment plans and retiree health care, a four-day workweek, job protections, and a beneficial transition to electric vehicles. [28]
Indiana State Police Pension Trust v. Chrysler LLC was a lawsuit brought in United States federal court June 2009 by several pension funds against Chrysler LLC and the United States Department of the Treasury, to block the planned sale of Chrysler LLC assets to a "New Chrysler" entity in the Chrysler bankruptcy.
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
The UAW said the agreement commits GM to more than $11 billion in additional manufacturing investments that was already planned. Most of it is related to EV production. A $50,000 retirement incentive
The center is a nonprofit consumer advocacy organization established to protect the pensions of retirees. [2] The Center provides information, referrals, and legal assistance to individuals, provides legal training to attorneys, and advocates on policy issues related to retirement income from a workers' and consumers' perspective. [3] [4] [5]