GM Assets Sale To Be Appealed – IUE-CWA Says Retiree Health Care At Risk

[tdavis]

The approval of GM’s assets sale to the government Sunday came with a stay that allows for appeals and at least one group is appealing. GM had argued it would be liquidated if this sale of assets were not approved. The United Auto Workers supports the reorganization plan, and if it survives appeals the plan will implement the UAW Retiree Health Settlement Agreement. Two other unions – the IUE-CWA and the United Steelworkers – objected to the assets sale because they said it would strip GM of assets needed to continue to pay for health care for 50,000 IUE-CWA and USW GM retirees and dependents.



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[yodoobo]

1. I don't understand why the IUE and steelworkers didn't get

the same deal that UAW did.

Both are significant and large unions at GM and they both deserve to get the same treatment.

As it is now, these two unions at GM are getting the shaft.