Gm Pays Inflation Bonuses To Uaw Retirees Workforcecom

GM Pays Inflation Bonuses to UAW Retirees

Dick Danjin, a GM retiree and retired UAW offset inflation much as cost-of-living allowances paid to active employees do. They are often called “Christmas bonuses” by retirees because they arrive in December every year. GM’s lump sums pay
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Detroit 3 pay out $305 million to UAW retirees for inflation bonus

Ford Motor Co. expects to pay retirees fondly refer to the $700 inflation catch-up as “a Christmas bonus” because it comes in December every year. Surviving spouses can receive up to $455. Dick Danjin, a retired GM employee and one-time UAW
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