UAW: Retire at 48 – and Have Taxpayers Foot the Bill
Interesting bit about management vs. UAW-worker health care:
Missing from [the restructuring plans proposed by GM and Chrysler] are concessions from the UAW to reduce the cost of health care for retirees. Ironically, union retirees over age 65 continue to receive generous, company-paid benefits, while their former bosses in management have to rely on Medicare. The companies could — and did — unilaterally change the health care plans for management, but they have to negotiate changes for union workers and retirees.
But it’s the management who are the fat cats.
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