Thread: GM hyrids
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Old 05-18-2006, 03:19 PM
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Default Re: GM hyrids

Quote:
Originally Posted by lakedude
Fully funded means something different to you than it does to me. What you are saying is that GM is keeping up with the payments, correct? I'm saying there should be no payments because the retirements should have been funded from the cars that were sold while the retirees were still employed. All the money to support a retiree should already be in the bank the first day of retirement.
I agree, the money for an employees retirement should be in an untouchable account... like 401k. If it can be skimmed off as profits, the company has other issues.
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