this post was submitted on 27 Nov 2023
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Work Reform

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[–] [email protected] 2 points 11 months ago* (last edited 11 months ago) (2 children)

Based on what someone else said, this isn't a match but a straight up contribution. So if that is to be believed, it's even better...

[–] [email protected] 1 points 11 months ago

Well that’s sure neat. Thanks for clearing that up

[–] [email protected] 1 points 11 months ago* (last edited 11 months ago)

From the supplemental agreement regarding the personal savings plan (exhibit G, available at uaw.org/gm2023)

"The Company shall increase its contribution to an Eligible Employee's Account from 6.4% to 10% of each such Employee's Eligible Weekly Earnings with such increase to be implemented by December 31 2023, with contributions made retroactive to October 23, 2023"