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Jul 28, 2022 · As a result, some retirees’ pensions were cut by as much as 70%. But GM did step in to cover pension losses for union workers. Those who lost benefits were 4,044 workers in Indiana, 5,181 in Ohio, 5,859 in Michigan and thousands of others around the country.
- fhussein@ap.org
- Treasury Reporter
General Motors Company (GM) Pension Plan & Fund Information - Prudential Financial and United Auto Workers (UAW) Buyout - Benefits, Retirement Services.
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This section will provide you with all of the information you need to know regarding who to contact for your existing benefit coverages as well as your retirement income information. Also included are Instructions for accessing the GM Canada Benefits Centre website, as well as the latest bulletins and useful external websites.
Jul 1, 2009 · General Motors is using its huge pension fund in a way it never intended. It had planned — and put money aside — for a steady march of retirees over time.
GMRetiree.com is the official General Motors Website for United States Retirees. This includes both former hourly and salaried employees. The purpose of this website is not only to provide a gateway to the pension benefits but also to keep retirees in the know and connected with the GM network.
Jul 17, 2012 · GM informed 118,000 of its white-collar retirees of upcoming changes to its pension program on June 1. At the crux of the change is the decision by No. 1 U.S. automaker to get out of the pension...
May 29, 2009 · Theoretically, the pension plans could be terminated in bankruptcy to transfer the cost of that underfunding to a combination of the PBGC, which insures pension benefits within certain limits,...
