Pensions Get a New Look From Younger Workers
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Pensions Get a New Look From Younger Workers

As the downsides of 401(k)-style plans become apparent, workers and some companies, including IBM, are showing new interest in defined benefit plans.
G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition
Posted inBiden, Joseph R Jr Employee Fringe Benefits Factories and Manufacturing Fain, Shawn Ford Motor Co General Motors Health Insurance and Managed Care Labor and Jobs Organized Labor Pensions and Retirement Plans Retirement Shutdowns (Institutional) Stellantis NV Strikes United Automobile Workers Wages and Salaries

G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition

Many longstanding General Motors workers have been voting against the tentative accord, which they feel insufficiently improves retirement benefits.