Sknutson Member Username: Sknutson
Post Number: 899 Registered: 03-2004
| Posted on Saturday, July 07, 2007 - 5:03 pm: | |
I am surprised to not see a thread on this yet. Seems like a pretty good idea. http://detnews.com/apps/pbcs.d ll/article?AID=/20070706/AUTO0 1/707060397/1001/BIZ http://detnews.com/apps/pbcs.d ll/article?AID=/20070707/AUTO0 1/707070389/1148 |
Lilpup Member Username: Lilpup
Post Number: 2403 Registered: 06-2004
| Posted on Saturday, July 07, 2007 - 5:13 pm: | |
what'll happen with the professionals and pink collars? those plans have always been based on what the union gets |
Mikeg Member Username: Mikeg
Post Number: 1002 Registered: 12-2005
| Posted on Saturday, July 07, 2007 - 5:46 pm: | |
quote:what'll happen with the professionals and pink collars? those plans have always been based on what the union gets Since there is no union representing the salaried workers (or looking after salaried retiree interests), there is no similar approach that can be used. However, unlike the union's health care benefits, GM salaried health care benefits have had cost sharing and higher deductibles for the past 15+ years. Also, for this reason and the fact that there are fewer salaried retirees, GM's balance sheet liability for salaried retiree health care is a lot smaller than the size of the liability for the union retirees. What will likely happen at GM is a continuation of what has been happening all along, salaried workers and retirees will continue to pay for all future increases in the cost of health care coverage. The worst that can happen is that the companies will completely stop paying for health care coverage for salaried retirees. |
Mcp001 Member Username: Mcp001
Post Number: 2829 Registered: 11-2003
| Posted on Sunday, July 08, 2007 - 2:56 pm: | |
It has. |