Federal Judge Grants Preliminary Approval Of Agreement By GM, UAW To Establish Health Benefit Trust
Under the agreement, part of the contract negotiated last year, GM would contribute between $33 billion and $36.5 billion to the VEBA, which will reduce retiree health benefit liabilities for the company by about $46.7 billion. The VEBA would become operational as early as Jan. 1, 2010, and would cover about 500,000 GM retirees and their spouses. An 11-member committee would manage the VEBA, with five members selected by UAW and six members appointed by the court. Health benefits for UAW retirees would remain unchanged through 2011, at which time the committee would have the authority to regulate them.
GM retirees and employees affected by the agreement will receive information on the VEBA by March 28, and Cleland will hold a hearing to consider the fairness of the agreement on June 3 (AP/Houston Chronicle, 3/5).
Reprinted with kind permission from http://www.kaisernetwork.org. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery at http://www.kaisernetwork.org/dailyreports/healthpolicy. The Kaiser Daily Health Policy Report is published for kaisernetwork.org, a free service of The Henry J. Kaiser Family Foundation© 2005 Advisory Board Company and Kaiser Family Foundation. All rights reserved.
Federal Judecãtor de Granturi preliminar de aprobare a acordului de cãtre GM, UAW pentru a stabili de sãnãtate beneficia de încredere - Federal Judge Grants Preliminary Approval Of Agreement By GM, UAW To Establish Health Benefit Trust - articole medicale engleza - startsanatate