US: GM, UAW to address pension shortfall

General Motors and the UAW have agreed to explore steps to reduce the risk of GM’s underfunded pension plan, reports Reuters. Plans were included in a letter attached as an addendum to the tentative four-year labour contract currently under vote by UAW members. News of the addendum was released on Subscribe to Automotive World to … Continued

• By Webmaster
• September 27, 2011