Feb 14, 2011 online at www.uawlocal2250.com
From Chairman Mike Bullock: Management has asked the union for a meeting at 2:30pm today to discuss the possibility of adding a 2nd shift partial crew to the body shop. These talks were initially held 6 months ago but management elected at that time not to proceed. There are many issues to be resolved before this could be implemented. More to follow. The shop committee was in Detroit, MI at the quarterly sub-council meetings of production and skilled trades. I will give a full report at the union meeting on Wednesday. The following is some of the info that came from these meetings: VP Joe Ashton said that an announcement of profit sharing will come today. He remarked several times that the amounts that have been rumored in the media was inaccurate, that the amount will “far exceed” what we received in 1999, which was $1775. It since has been announced the amount and the email is on the back. It will be paid on your weekly payroll check on March 25. It will be flat taxed at 20%. You had to have worked 1850 hours in 2010 for a full share and at least 1 week for a partial share. For those that have PSP accounts, the declaration that you previously made is still in effect, you will have until February 28 to change. It can be changed by going online at www.gmbenefits.comor calling 1-800-489-4646.
There are currently 51,166 union members working at GM facilities: 39,919 production and 9,895 skilled. If you know anyone who received a car voucher with their retirement attrition package and they have not used it, let them know that they expire at the end of February 2011.
This is how Short Work Week sub benefits were calculated for week ending February 6. All available hours for Monday, January 31, count towards the 40, along with 10.3 for Thursday and 10.3 Friday. Short Work Week makes up the rest.
Message from Joe Ashton and Cathy Clegg
Dear UAW-GM Team –
In 2010, we saw a lot of progress made by our company. During the year, we announced investments in 13 U.S. plants totaling more than $2.5 billion and we created or retained more than 4,500 jobs. We witnessed our company’s return to the New York Stock Exchange. We also saw products built by the UAW-GM team win awards for quality and steadily gain market share: the Buick LaCrosse, Chevy Traverse, Cadillac CTS Coupe, Chevy Silverado HD, Chevrolet Volt, Chevy Cruze and Chevy Suburban to name a few.
We all remember the extraordinary effort it took to help GM survive and recover from the global economic crisis. Restructuring our company and changing our business model was extremely difficult, but we are beginning to see that the hard work and dedication of this team is helping to create a healthier GM, which benefits employees, our customers and the many others who depend on our success.
Therefore, we are pleased to announce that our business results are expected to generate a profit-sharing payout of upwards of $4,000 per-employee for the GM plan, and $3,000 per-employee for the GM Component Holdings plan, as dictated by the formula in their respective national agreements. This payout is a good example of how we are sharing in the success of the New GM. The final average payout per-employee will be communicated during the earnings release in late February.
We know that 2011 is an important year for both the UAW and GM with contract talks approaching. We look forward to getting a contract that is beneficial to both employees and the company.
Thank you again for your efforts.
Cathy
Joe
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