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The United Auto Workers’ leadership is mired in turmoil over allegations of an investment blunder that officials say cost the ...
The UAW Retiree Medical Benefits Trust was designed to be so big, with so many members, that it would have influence with the health care community when it negotiated rates.
UAW-run trust fund to cut retiree health benefits. Jerry White @jerrywhiteSEP. 17 November 2011. The medical benefits of approximately 820,000 retired auto workers and their spouses in the US are ...
The UAW Retiree Medical Benefits Trust — by far GM’s largest stakeholder — plans to sell about a third of its roughly 140.15 million shares in one or more transactions through underwriters ...
General Motors Corp. will give the United Auto Workers union 17.5 percent of its common stock, $6.5 billion of preferred shares and a $2.5 billion note to fund a trust that will take over retiree ...
A union-affiliated trust fund set up to pay health benefits for Chrysler Group LLC retirees said its ownership stake in the U.S. auto maker was worth $3.6 billion at the end of 2012, according to ...
DETROIT (AP) -- The United Auto Workers and General Motors Corp. have taken a big legal step toward shifting billions in retiree health care costs from the automaker to an independent trust fund.
The uaw trust is only available for employees that were hired before Oct. 2007. It excludes thousands of due paid uaw members and myself. Reply Tom m. May 20, 2024 at 10:58 AM ...
The UAW Retiree Medical Benefits Trust was born out of 2007 contract negotiations with GM, Ford Motor Co. and Chrysler, now Stellantiv NV. It launched in 2010 as the largest non-governmental ...
The current UAW President says trust is still being built. "I think we're still building," Ray Curry said. "There's a severe lack of trust within the UAW," UAW member Mike Booth said.
Shawn Fain was declared the winner Saturday over President Ray Curry in the UAW runoff election, capping a remarkable campaign by dissidents that offered a stinging rebuke to the caucus that has ...