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CEO Dan Akerson: GM would consider offering UAW retirees pension buyouts

By Michael Wayland,  General Motors Co. would consider offering pension buyouts to its United Auto Workers retirees if the opportunity presented itself, according to GM CEO and Chairman Dan Akerson. “I’m not saying we’re going to do it, but it’s certainly something we would consider if the opportunity arose,” he said during a press conference before [...]
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See more about: General Motors

UAW opposes union pension buyouts

Industries : (2 years ago)

By David Shepardson, The Detroit News The United Auto Workers union opposes pension buyouts for hourly workers or retirees at General Motors Co. at this time. UAW Vice President Joe Ashton, who oversees the GM bargaining unit, said ... Read Post

GM buying $3.2 billion in stock from UAW trust

Industries : (last year)

By Michael Wayland, General Motors Co. will repurchase about $3.2 billion worth of stock from the United Auto Workers Retiree Medical Benefits Trust, also known as VEBA. Read Post

Report: GM may suggest pension buyouts to UAW

Vehicles / Automotive Industry News : Autoblog (3 years ago)

General Motors CEO Dan Akerson said the company may offer buyouts to United Autos Workers members before it negotiates a new contract in 2015. "We can bring it up," Akerson said Tuesday before GM's annual meeting, according to The N... Read Post

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