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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GM, Ford, Chrysler pay inflation bonus to UAW retirees

Over $200 million was spent by General Motor Co. earlier this week to pay a lump-sum inflation retirees refer to it as a “Christmas bonus.” Meanwhile, surviving spouses can get up to $455. According to Dick Danjin, a retired GM employee and one
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