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The United Auto Workers (UAW), fully named International Union, United Automobile, Aerospace and Agricultural Implement Workers of America, is an American labor union that represents workers in the United States (including Puerto Rico) and southern Ontario, Canada. It was founded as part of the Congress of Industrial Organizations (CIO) in the ...
A voluntary employees' beneficiary association (VEBA) is a form of trust fund permitted under United States federal tax law, whose sole purpose must be to provide employee benefits. [1] Among the types of benefits which a VEBA may provide are accident insurance benefits, childcare costs, employee continuing education, the cost of legal services ...
The Detroit Free Press has learned more details on when GM and the UAW will start the first phase of the $50,000 ... and the UAW will start the first phase of the $50,000 retirement buyout program.
The program was established in the 1984 UAW labor contracts with the Big Three to protect workers' salaries and discourage layoffs, as part of the automakers' contracts with the UAW. The union's intent was to protect jobs via a plan to guarantee pay and benefits for union members whose jobs were extinguished by technological progress or plant ...
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
Updated September 16, 2024 at 9:07 PM. United Auto Workers President Shawn Fain with UAW members at a General Motors service parts operations plant in Belleville, Mich., on Sept. 26, 2023. DETROIT ...
49,800 strikers. The 2023 United Auto Workers strike was a labor strike involving automobile workers in the labor union United Auto Workers (UAW) and the three unionized automakers in the United States— Ford Motor Company, General Motors, and Stellantis. These three automakers' factories combined employ about 145,000 UAW members and produce ...
Fain, fresh off the biggest win for the UAW in recent history with the Big Three automakers, said he gave the Toyota workers a script to work from. “The Big Three made $250 billion in the last ...