Interesting story from the AP
General Motors is taking a seemingly odd approach to falling sales of pickup trucks: It's raising prices. The company says the price of the 2014 Chevrolet Silverado will go up almost $2,100. Full S...
Forum Discussion
Funny how some people think someone should work for a company for years then get tossed to the side of the road when they retire?!
Spoon and Bob care to tell me what you do for a living and what you will receive when you retire? Are you going to receive a pension with health care? Or are you going to be kicked to the curb to fend for yourself? Like you would want to happen to a retired auto worker?
So you know our retires only receive company provided health care until they reach the age of 65 and can receive Medicare. Then the company health care ends. That is for the 30 year retirees, if you do not have your 30 years or points to make your 30 years then you keep right on working until you hit age 65. Please before you post something do some research, BTW had you opened that link and read it you would have found this out.
Just read your last post spoon, you are misinformed. Our retires make on average $1500 per month.
What is the pension received by a typical autoworker?
A typical UAW-represented worker at Chrysler, Ford or General Motors who has reached eligibility for receipt of an 80 percent Social Security benefit receives just over $18,000 per year from his or her employer.
Autoworkers who retire prior to Social Security eligibility are entitled to a supplement which increases annual income from their employer to about $36,000. When retirees reach the age for an 80 percent benefit (age 63) or retire after that, they receive only the basic benefit, and the employer no longer pays the supplement.
Don
Spoon and Bob care to tell me what you do for a living and what you will receive when you retire? Are you going to receive a pension with health care? Or are you going to be kicked to the curb to fend for yourself? Like you would want to happen to a retired auto worker?
So you know our retires only receive company provided health care until they reach the age of 65 and can receive Medicare. Then the company health care ends. That is for the 30 year retirees, if you do not have your 30 years or points to make your 30 years then you keep right on working until you hit age 65. Please before you post something do some research, BTW had you opened that link and read it you would have found this out.
Just read your last post spoon, you are misinformed. Our retires make on average $1500 per month.
What is the pension received by a typical autoworker?
A typical UAW-represented worker at Chrysler, Ford or General Motors who has reached eligibility for receipt of an 80 percent Social Security benefit receives just over $18,000 per year from his or her employer.
Autoworkers who retire prior to Social Security eligibility are entitled to a supplement which increases annual income from their employer to about $36,000. When retirees reach the age for an 80 percent benefit (age 63) or retire after that, they receive only the basic benefit, and the employer no longer pays the supplement.
Don
