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The 2019 General Motors strike began September 15, 2019, with the walkout of 48,000 United Automobile Workers from some 50 plants in the United States. Demands by workers included increased job security, gateway for temporary workers to become permanent, better pay and retaining healthcare benefits. The strike lasted six weeks, and ended when ...
General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday. The UAW on Monday ...
General Motors' rising retiree health care costs and Other Post Employment Benefit (OPEB) fund deficit prompted the company to enact a broad restructuring plan. Although GM had already taken action to fully fund its pension plan, its OPEB fund became an issue for its corporate bond ratings.
United Auto Workers. The United Auto Workers ( UAW ), fully named International Union, United Automobile, Aerospace and Agricultural Implement Workers of America, is an American labor union that represents workers in the United States (including Puerto Rico) and southern Ontario, Canada. It was founded as part of the Congress of Industrial ...
General Motors Co said on Thursday it will pay for the health insurance of its striking hourly workers, reversing a decision to push the costs onto the United Auto Workers union. "Given the ...
May have lower costs. Where Medicare Advantage plans shine is in the additional benefits and the cost. Through a Medicare Advantage plan, you may have access to more services like dental, vision ...
United States. Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401 (k), 403 (b) ); group term life insurance and accidental death and dismemberment insurance plans; income protection ...
The company's healthcare benefit ratio - the percentage of premiums spent on medical care - also rose more than 3 percentage points to 89.6%, but was still lower than estimates of 90.5%.