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The UAW Retiree Medical Benefits Trust, with more than $45 billion in assets as of June 2010, and $58.8 billion as of March 2014, is the world's largest VEBA. [7]
The ratification bonus will be paid out within two weeks of UAW members ratifying a new labor agreement, according to highlights published online. UAW's $5,000 bonus — plus more cash for many ...
In December 2014 the UAW was certified as representing more than 45% of employees. [60] The union engages in Michigan state politics. President King was a vocal opponent of the right-to-work legislation that passed over the objection of organized labor in December 2012. [61] The UAW also remains a major player in the state Democratic Party. [62]
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 $ 22,924 Social Security bonus most retirees completely overlook. If you're like most Americans, you're a few years (or more) behind on your retirement savings. ... UAW members at GM could get ...
Faria noted that UAW president Ron Gettelfinger agreed to have the UAW's "all-in" wage, benefit and pension costs drop from a high of $75.86 per hour in 2007 to an average of about $51 per hour starting in 2010. By comparison, the CAW's cost per hour was $77 in 2007 and will rise to over $80 per hour by the end of the new contract.
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Oct. 31—Every four years about 1,000 United Auto Workers delegates meet at a convention center in Detroit and choose new international leaders for their powerful union. But in reality, critics ...