So this GM Retirees Association is a group you would belong to when you retire if you retained your current plan, is that correct?
Also, is this the same retirees group that union members belong to when they retire?
Just trying to figure out who this group represents.
Sounds like they are moving to a third party managed fund - like every other old style pension fund is doing.
They bitch about something like that but not mention a word about this.....
It’s a private group, essentially a club, unaffiliated with either GM or the union. You pay dues to be a member.
They claim to “represent” GM retirees but they have no official standing with GM, the union, or anybody else.