Originally Posted by Brian
Their retirement is safe, it's the free health care for retirees that is crippling the manufacturers.
Thanks, I keep hearing these reports about the precarious situation of these companies; if the healthcare costs kill of GM, at least the pensions will stay solvent? I seem to remember a figure of one working employee per four retirees for GM. That's worse than our Social Security system; something I'm not counting on surviving the baby boom generation and I'll be damned if I'll pay for their retirements.