GM Pension Plans
March 8th, 2006 by admin
GM cuts employee’s pension plans After a difficult year, GM is announcing changes in employee’s pension plans. This should come as no surprise, almost all companies that "restructure" cut their employee’s pensions to save money. Effective Jan. 1, GM will freeze the accrued pension benefits for approximately 40,000 U.S. salaried employees. The change won’t affect […]
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