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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 ] References
Under US labor law, the National Labor Relations Act 1935 is the primary statute which gives US unions rights. The rights of members are governed by the Labor Management Reporting and Disclosure Act 1959 .
The UAW expanded its scope to include workers in other major industries such as the aerospace and agricultural-implement industries. The UAW disaffiliated from the AFL–CIO on July 1, 1968, after Reuther and AFL–CIO President George Meany could not come to agreement on a wide range of policy issues or reforms to AFL–CIO governance. [33]
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
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The automaker filed the suit on Thursday asking the U.S. District Court in the Central District of California to declare the decision by UAW Local 230 in Los Angeles to take a strike authorization ...
The labor union United Auto Workers (UAW) represents approximately 145,000 automobile workers employed at Ford Motor Company, General Motors, and Stellantis. [14] To achieve its goals, UAW has engaged in strike action; from November 1945 to March 1946, UAW went on strike against General Motors.
UAW continues to diversify beyond the auto industry, allowing its strike fund to grow in support of its estimated 400,000 members. UAW grows by 17,000 academic workers in California after threat ...