[taildragger]

GM may be considering offering the retiree buy-out to hourly, but no one is sure yet.

I don't think so..

When they took contract law back 800 years and invented a new type of bankruptcy, the Hourly UAW pension stayed on, and they got an equity stake i.e GM stock to fund their pension. They need the stock

[madison10]

I think that pension set up (GM stock) is for those that were still working and building up pension when GM went into “bankruptcy” and are still working or retired after the bankruptcy. I’m talking about those that are/were already retired. Don’t take my word for this, I’m still trying to figure it out.

Thanks.