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Old 09-08-2021, 02:21 PM   #83 (permalink)
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Originally Posted by Hersbird View Post
The responsibility meaning the cost or the management? Why or even how would a union have the ability to cover over a billion in health insurance premiums? I think they are just creating a pool so all the automakers can save some money. Then the UAW can also take their cut for doing all that work of now being a health insurance company. So GM, Ford, and Chrysler still pay the bulk of the premiums, and UAW makes more money and gets to hire a bunch of workers allowing top officials to command even higher salaries.

Who loses is the workers. Now they have conflicting interests representing them.
Responsibility as in it is now entirely on the UAW - cost and management. I was wrong on the timing. It came out of the 2007 UAW contract and involves GM, Ford, and Chrysler. The UAW got a lump sum payment and took over financial responsibility for paying out retirement benefits as of 2010
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