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GM provides more details on the retirement buyouts for UAW workers | Business [Video]

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There may be more phases of SAP retirements than the three initially mentioned. And the first only allows up to 2% of a plant’s workforce to retire.

FLINT, Mich. (WJRT) – How long until retirement? That’s what many Mid-Michigan auto workers are still wondering.

General Motors revealed long-awaited details last week about buyouts for retiring workers, called the Special Attrition Plan. Many senior GM workers in Flint have been waiting after filling out a retirement survey in January.

On Wednesday, the United Auto Workers union revealed the first phase, in which a 2% maximum of a plant’s workforce would be able to retire.

“Approximately 900 UAW members across all of GM will be eligible to retire immediately,” said Vice President Mike Booth in a video to members.

In Flint, some workers say phase 1 will include 70-some workers and tradesmen in total. While that sounds like a small number, it’s …

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