
I was stunned to read this stat about the numbers of workers who are drawing pension/health benefits from General Motors. I am not taking any side. You can read my previous post here.
Lets take a look at the astonishing figure:
Just how onerous are pension/health care liabilities for American automakers? Here's a sampling. General Motors currently employs around 5,700 workers in the state of Indiana. Want to guess how many retired GM workers there are in Indiana? More than 90,000 -- all of them drawing benefits.
Are these numbers true? I mean what is the source?
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