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Tuesday, October 18, 2005

GM & UAW Agree to Health Care Deal

The Detroit Free Press reports that General Motors's deal with the UAW to dramatically cut union health care expenses could reshape the benefits all of Detroit's auto companies offer workers. The tentative agreement cuts $1 billion from GM's $6-billion annual health care expenses and UAW workers and retirees will pay about 25% to 30% of their annual health care costs.
Also see GM workers dread higher health costs in the Detroit News

Read More (external link) »

# posted by farlane @ 9:18 AM
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