Tag Archives: pension benefit guaranty corp

Should taxpayers subsidize Chrysler retiree pensions or health care?

The Administration’s negotiations with Chrysler and their stakeholders have a Thursday deadline.  Friday’s Wall Street Journal reported a rumor: Chrysler and the UAW agreed in 2007 that the auto maker would put $10.3 billion into a union-managed retiree healthcare fund. Half of that would now be paid in equity, with the rest coming over time [...]

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