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yoblues · 10-11-2005, 09:45 PM

When you retire on a company pention there is supposed to be a retirement fund that takes care of the people that are retired. Did GM have a retirement fund? My wifes company did? Did GM pay into it's retirement fund and fund it adequately? My wifes company did. What is it about GM management that can't handle it's retirement funding and then negotiates stupid contracts? My wifes company has no problem meeting it's funding obligations. I guess the difference is my wifes company was run by competent people and GM was run by the six martini lunch crowd but it's all Joe in the paint shops fault.

10-11-2005, 09:45 PM	#14 (permalink)
yoblues 6.2 Liter LS3 V8 Join Date: May 2003 Posts: 3,387	Re: Hyundai Can Do It, What's GM's Excuse? When you retire on a company pention there is supposed to be a retirement fund that takes care of the people that are retired. Did GM have a retirement fund? My wifes company did? Did GM pay into it's retirement fund and fund it adequately? My wifes company did. What is it about GM management that can't handle it's retirement funding and then negotiates stupid contracts? My wifes company has no problem meeting it's funding obligations. I guess the difference is my wifes company was run by competent people and GM was run by the six martini lunch crowd but it's all Joe in the paint shops fault. Last edited by yoblues : 10-11-2005 at 09:48 PM.