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Automotive News & Views United Automobile Workers of America (UAW)
16701 messages, Last post on Nov 20, 2009 at 3:39 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: fezo (Nov 17, 2008 2:39 pm) My sister was a long time UAL employee and she got her full pension in spite of UAL's bankruptcy. I think Kernick pointed out somewhere around here that the PGBC pension amount is based on years of service or some formula like that. Since the Big 3's workers are generally older than those employed by the foreign car manufacturers in the US, many of their pensions may not be reduced all that much. Either way, the taxpayer is gonna be on the hook big time, since the premiums paid into the PGBC won't be near enough to cover the payments. |
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Replying to: iluvmysephia1 (Nov 17, 2008 3:58 pm) http://www.youtube.com/watch?v=72cHfOKoA1c -Rocky |
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Replying to: iluvmysephia1 (Nov 17, 2008 3:58 pm) No doubt about it that no matter how this goes we're going to pay a large fortune. |
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http://gmfactsandfiction.com/ -Rocky |
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I think as I said have made my point very clear as to the domino effect the Big 3 collapse would have including healthcare jobs. The difference iluv, is Boeing didn't go belly up despite you losing your job pal, and it was democrats who pushed to save Boeing, despite people like McCain, who faught giving Boeing's, union folks contracts and gave them to McDonald Douglas, !!! Boeing, like General Motors, is an important industry not for just the jobs it provides but their demise is a national security issue and I have a feeling someday WWIII will break out and it will be companies like the Big 3 and Boeing, who will give us a fighting chance at victory while you work on doing your healthcare deal on us young guys who are doing the fighting !!!!  "The Rock" |
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Replying to: steve_ (Nov 17, 2008 4:08 pm)
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Replying to: chikoo (Nov 17, 2008 2:25 pm)
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Replying to: cooterbfd (Nov 17, 2008 5:08 pm) --charlie
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Replying to: cooterbfd (Nov 17, 2008 2:34 pm) Who's Charlie? What companies have CUT retiree healthcare and checks A neighbor of a close friend had his pension cut and healthcare costs were increased. I don't know if it's a national company from which he retired or not. I'll ask our friend when I see her next. She had him paint her home and do some interior paint and light remodeling work because she felt sorry for him. A parent in a group my son was in kept finding the national company for which he worked kept changing the promise for healthcare for retirees. He hadn't retired yet but what I understood is that the company kept paying less and less. He also kept fighting the changing amount of retirement if he did retire. I don't see him often to ask how it turned out. In GM's case the retirees need to take a reduction to help keep the company going. Otherwise..., no sympathy.
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Replying to: imidazol97 (Nov 17, 2008 5:42 pm)
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