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gm pensions

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    Report: Court upholds pension cuts to 100 retired GM execs
    1375992060

    100 retired executives from General Motors will soldier on with smaller pensions after a trio of judges in the Sixth Circuit Court of Appeals in Cincinnati, ruled in favor of the automaker. The dispute stemmed from the requirements made by the Obama administration as part of GM's bankruptcy and ...

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    Report: GM may suggest pension buyouts to UAW
    1339711080

    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 New York Times. "I'm not saying we're going to do it, but it's ...

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