As the U.S. strike by the United Auto Workers union against General Motors Co ne...
FILE PHOTO: General Motors assembly workers and their supporters gather to picket outside the General Motors Bowling Green plant during the United Auto Workers national strike in Bowling Green, Kentucky, U.S., September 20, 2019. REUTERS/Bryan Woolston/File Photo
The GM strike began on Sept. 16 with the 48,000 UAW members seeking higher pay, greater job security, a bigger share of the leading U.S. automaker’s profit and protection of healthcare benefits. The sides have been meeting daily and talks continued on Saturday, and representatives for both sides declined to discuss details.
Another issue is a desire by the union for a higher pension payout, meaning an enhanced formula for those members hired before 2007 who would be covered by a pension, and a higher contribution to the 401 plans of members hired after 2007, the source said.
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