UAW VEBA / Jean W. Rosenthal, Jaan Elias, William N. Goetzmann, Stanley Garska, Jacob Thomas.

Format:

Book

Author/Creator:

Rosenthal, Jean W., 1945- author.

Elias, Jaan, author.

Goetzmann, William N., author.

Garska, Stanley, author.

Thomas, Jacob, author.

Series:

SAGE Knowledge. Cases.

SAGE Knowledge. Cases

Language:

English

Subjects (All):

International Union, United Automobile Workers of America (CIO).

Voluntary Employee Beneficiary Association.

Compensation management.

Medical care.

Automobile industry and trade.

Automobile industry workers.

Physical Description:

1 online resource.

Place of Publication:

London : SAGE Publications Ltd, 2017.

System Details:

text file

Summary:

Negotiations between the United Auto Workers (UAW) and General Motors (GM) in 2007 created a new entity to provide retiree healthcare, a Voluntary Employee Beneficiary Association (VEBA). The agreement shifted the responsibility and the risk for retiree healthcare to the new VEBA trust. GM would provide a set amount of money for retiree health coverage and would no longer guarantee "defined benefits," promises of specific retiree healthcare benefits, which the UAW had negotiated with GM over many years. After settling with GM, the UAW negotiated similar agreements with Ford and Chrysler.

Notes:

Originally published in Rosenthal, J. W., Elias, J., Goetzmann, W. N., Garska, S., & Thomas, J. (2008). UAW VEBA. 08-035. New Haven, CT: Yale School of Management, Yale University. Retrieved from: http://vol09.cases.som.yale.edu/uaw-veba.

No ILL or scholarly sharing allowed.

Description based on XML content.

ISBN:

9781526409171

OCLC:

1017713787

Access Restriction:

Restricted for use by site license.