10/9/2008: Automakers Not Requesting Additional Delays in Funding Payments to Union's Voluntary Employee Beneficiary Associations (Workforce Management; free registration required)
Excerpt: "United Auto Workers president Ron Gettelfinger said Tuesday, October 7, that he hasn't been approached by the Detroit Three to allow additional delays in funding payments to the union's voluntary employee beneficiary associations. Gettelfinger said in Detroit that the UAW would do nothing to risk the integrity of the funds, promised by the union chief to last at least 80 years. The funds, which are to cover future UAW retiree health care costs, were established as a key part of the UAW's 2007 national contracts with General Motors, Ford Motor Co. and Chrysler."
Important word about authorship:
BenefitsLink ® (BenefitsLink.com) provides this page for you, with a hypertext link to an item we think is interesting and valuable for companies sponsoring employee benefit plans, employees who participate in plans, and firms who provide products and services to plans. But BenefitsLink is not the author of the item to which this hypertext link will take you (unless expressly indicated there).
|
|
|
