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Ford UAW Pension Hits 10000 Retirees Since 1950
Detroit report notes the Ford UAW pension plan reached 10 000 retirees by Dec 31 1954 led by Godfrey J Wolfe a 65 year old former Ford Rouge engine plant worker. About 4000 receive maximum benefits of 52 50 monthly with Social Security. The plan began March 1 1950. most retirees have 20 28 years of service and age- based benefits average 45 monthly. Disability cases average 79 monthly. total monthly mailed benefits exceed 400 000 with 150 retirees added each month. Approximately 82 percent of retirees remain on benefits with 30 months of average benefits.
MENTIONED IN THIS ARTICLE
Detroit
Ford-Uaw
Godfrey J. Wolfe
Ken Bannon
National
Ford Department
Uaw-Cio
Wolfe
Ford Rouge
Ford
UAW
Ford Uaw
UAW Ford