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Inflation keeps auto workers from 30 and out retirement
Inflation pressures deter early retirement among UAW workers. Only about 1,300 of 33,000 eligible have taken the 30 and out plan, despite it in the 30 and out contract. Plan raises monthly benefits from 85 to 625, but rising living costs deter retirees on fixed incomes.
MENTIONED IN THIS ARTICLE
Detroit
Doug Fraser
UAW
Chrysler Corp
Thang
General Motors
Ford
Chryslér
Fraser
Jer Spokermer
Robert Cyarnecki
Chrysler
Kell