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GM Workers Secure Promised Wage Rise in New Contract
Washington May 35 G M workers are certain of a five year wage raise under a new contract with the CIO Auto Workers Union. The deal, signed on Tuesday, takes effect next Monday and guarantees gradual annual increases tied to living costs. If prices fall the raise is capped, while higher living costs boost the hike, but never exceed a total of 17 to 20 cents an hour over five years. The package also includes a company pension plan, hospital insurance and other benefits.
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Washington
General Motors
Auto Workers Union
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