The automaker already offered
the new lump sums system to 42,000 white-collar retirees. The proposal,
made in the beginning of June, is supposed to consolidate the group’s
finances. GM has made a spectacular recovery from bankruptcy in
2009. last year, the company earned a record $7.6 billion profit.
However, wall street investors aren’t very enthusiastic, mainly because of the
company’s long-term obligations vis-à-vis its retirees and their spouses.
118,000 white-collars receive a pension from GM every month. And there
are even more blue collars.
supposed to consolidate the group’s
finances. GM has made a spectacular recovery from bankruptcy in
2009. last year, the company earned a record $7.6 billion profit.
However, wall street investors aren’t very enthusiastic, mainly because of the
company’s long-term obligations vis-à-vis its retirees and their spouses.
118,000 white-collars receive a pension from GM every month. And there
are even more blue collars.
The 42,000 white-collar
retirees who are not covered by the UAW have until J
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