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Just how generous are Detroit's worker pensions for retirees?
https://money.cnn.com/2013/07/23/retirement/detroit-pensions/index...
While similar in size to the national average, Detroit's pension checks often pale in comparison to those given to workers in big cities, such as Chicago or Los Angeles.
The Average Pay for an Auto Workers' Union Member | Chron.com
https://work.chron.com/average-pay-auto-workers-union-member-24071...
Clarification. The following year, GM told the AP that the 2007 negotiations discussed above had resulted in the reduction of the average hourly labor cost from about $73 to about $69 per hour, which consisted of wages in the amount of nearly $30 per hour and fringe benefits of $39, including pension and health-care costs for about 432,000 ...
For GM's Retirees, It Feels Less Like 'Generous Motors' - WSJ
https://www.wsj.com/articles/SB1045778743667249143
With its pension costs on a steep rise, famously generous GM is paring back its retiree benefits, sparking fear and tension among its hundreds of thousands of former employees.
Pension or buyout? GM retirees make the tough call | Reuters
https://www.reuters.com/article/us-gm-pensions-annuity-idUSBRE86G...
That is the tricky choice thousands of former General Motors Co employees must make by July 20. It is also a decision that many more workers will make as other companies move expensive pension plans off their balance sheets.
Retirees Wrestle With Pension Buyout From General Motors ...
https://www.nytimes.com/2012/07/19/business/retirees-wrestle-with...
Retirees who were offered pension buyouts from General Motors are ... 118,000 former white-collar employees and ... average lump sum ...
Today's pension plans: how much do they pay?
https://www.bls.gov/opub/mlr/1985/12/art5full.pdf
Today's pension plans: how much do they pay? Benefit formulas in medium and large firms gave 30-year employees retiring on Jan. 1, 1984, at age 65 average monthly pensions of $385
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