Striking UAW members want higher wages — and the return of pensions

By Jo Constantz and Josh Eidelson
Published 6 Min Read

Bloomberg

On picket lines around the country, auto workers aren’t just demanding higher wages. They want to get back their once-sacred retirement pensions.

While United Auto Workers members who were hired prior to the 2008 financial crisis have pensions, those brought on since have received 401(k) plans instead. The union is demanding the auto companies provide pensions for new employees and those who currently lack them.

Jo Constantz and Josh Eidelson

For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form