Quote:
Originally Posted by Hersbird
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.
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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