RPT-GM commits almost $30 billion for health trust-union

Newswire

DETROIT, Sept 28 (Reuters) - General Motors Corp. will shift responsibility to a new trust fund for retiree health care in 2010 and put $24.1 billion into that new fund by the start of next year, the United Auto Workers said on Friday. The UAW said that the total GM commitment to "pre-fund" retiree health care was nearly $30 billion. The details of the health care trust, widely seen as the centerpiece of a new four-year labor contract between the UAW and GM reached this week, were ...

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