UAW: Retire at 48 – and Have Taxpayers Foot the Bill

By: Al
Published: February 24th, 2009

“Regardless of age, autoworkers get full pension and benefits after 30 years on the job. Why should the rest of us taxpayers — who don’t get the same privilege — help GM cover those costs?”

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.

Related posts:

  1. UAW Mythology  Megan McArdle: Why did so many UAW workers stay? Obviously, there’s one big reason:  few of them could earn comparable wages anywhere else.  But there’s...
  2. Mickey Kaus on the Thermidorian Welfare Reform Backsliding in the Stimulus Bill He argues that overturning welfare reform - which is one of the who-knows-how-many Democratic dreams-coming-true sneaked into the stimulus bill – is really against Obama’s interests: [T]he...
  3. More Wonderful Things in That Stimulus Bill Rejecting skilled foreign workers at a time when America needs the best and the brightest to help it get out of the crisis: Thanks to...
  4. The Tip O’Neal Stimulus Bill Warren Meyer on Obama’s economic stimulus plan: Despite everything I preach here about politicians, I must have, somewhere in my deep back brain, under the...
  5. The Unbelievable Things in That Stimulus Bill The Wall Street Journal can’t quite believe what it found in the stimulus bill the Democrats are pushing through Congress: “Never let a serious crisis...

Related posts brought to you by Yet Another Related Posts Plugin.

This entry was posted on Tuesday, February 24th, 2009 at 2:25 pm and is filed under Economic crisis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

0 Comments on “UAW: Retire at 48 – and Have Taxpayers Foot the Bill”

Subscribe to this post's RSS feed

0 Trackbacks/Pings (Trackback URL)

Leave a Reply




Comment:

CommentLuv Enabled

Recent Entries

Recent Comments

Social Network