Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Ford and GM Face $2.5 Billion First VEBA Bill December 31
Workforce Management; free registration required Link to more items from this source
Nov. 25, 2009
Excerpt: When Ford Motor Co. and General Motors Co. hand over health care for hourly retirees to the United Auto Workers on December 31, they also will hand over checks totaling nearly $2.5 billion. Ford owes the most. As a first installment on a $13.2 billion obligation, Ford is scheduled to pay $1.9 billion to a UAW-administered health care trust. That total includes at least $1.3 billion in cash, with the remainder in Ford stock. The automakers' health care trusts are known as voluntary employee beneficiary associations.

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).
© 2024 BenefitsLink.com, Inc.