September 27, 2007

GM contract means a new era in health benefits

The Wall Street Journal, appropriately, is all over the story about the new General Motors deal with the United Auto Workers that "marks the dawn of an uncertain new era for the American auto industry and its unionized work force."

The contract calls for a restructuring of GM's obligation to cover health care for UAW retirees.

Read the story and the accompanying Q&A sidebar to learn about the potential impact of the new GM trust fund approach.

Posted by schwitz at September 27, 2007 08:10 AM | TrackBack
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