Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: mockingbyrd

meanwhile, over at the UAW hall we have this.....The gov’t using our TAX dollars to reward their UAW friends............So the RICH guy who owns the dealership has if confiscated and goes broke along with his employees, while the UAW members who have nothing invested in Chrysler but their time get the following.................

Those whose years of service and age exceed 85 or who are 60 years with at least 10 years can retire with a $50,000 taxable lump sum plus a $25,000 voucher for a new Chrysler vehicle.

A Special Early Retirement option was expanded at the two Missouri assembly plants, Kenosha and Twinsburg to workers from ages 50 to 62 with 10 years or more of pension credited service. They can retire without their earned pension benefit being reduced for retiring early. At Sterling Heights and Conner Avenue, that plan is open to those between ages 55 and 62 and 10 or more years.

An enhanced voluntary termination of employment for those with between one and nine years of seniority offers a taxable $75,000 lump sum and a $25,000 vehicle voucher. Those with 10 or more years can receive a taxable $115,000 lump sum and the $25,000 vehicle voucher. Everyone accepting this offer continues receiving their Chrysler health care coverage, minus dental, for one year after leaving.

Finally, workers at the Fenton Assembly plants who don’t qualify for the other plans but who would become eligible in the next 24 months can receive 85% of their base wage until they are eligible to retire.


24 posted on 05/19/2009 10:39:25 AM PDT by milwguy (........)
[ Post Reply | Private Reply | To 11 | View Replies ]


To: milwguy

I did a search the other day, and found a dealer in my area who is not closing had given $$ to Friends of Rahm Emanuel.
Today, I looked for it again on google, and can’t find it.

I wish I had saved it to my computer, but I didn’t. Somebody hand me the tinfoil.


225 posted on 05/19/2009 1:29:32 PM PDT by sockmonkey
[ Post Reply | Private Reply | To 24 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson