From the supplemental agreement regarding the personal savings plan (exhibit G, available at uaw.org/gm2023)
“The Company shall increase its contribution
to an Eligible Employee’s Account from 6.4% to 10%
of each such Employee’s Eligible Weekly Earnings with such increase to be implemented by
December 31 2023, with contributions made
retroactive to October 23, 2023”
Based on what someone else said, this isn’t a match but a straight up contribution. So if that is to be believed, it’s even better…
Well that’s sure neat. Thanks for clearing that up
From the supplemental agreement regarding the personal savings plan (exhibit G, available at uaw.org/gm2023)
“The Company shall increase its contribution to an Eligible Employee’s Account from 6.4% to 10% of each such Employee’s Eligible Weekly Earnings with such increase to be implemented by December 31 2023, with contributions made retroactive to October 23, 2023”