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2. Here is when to expect GM's $50,000 buyout program for ... - AOL

   www.aol.com/expect-gms-50-000-buyout-221416269.html

   The Detroit Free Press has learned more details on when GM and the UAW will start the first phase of the $50,000 retirement buyout program. Here is when to expect GM's $50,000 buyout program for ...

3. GM offers voluntary buyouts to US salaried workers, expects ...

   www.aol.com/finance/gm-offers-voluntary-buyouts...

   General Motors is laying out its plan to extract $2 billion in cost savings, and it seems reductions in its labor force will be a big part of it. ... for 500 salaried employees, less than 1% of GM ...

4. UAW President Shawn Fain urges GM members to ratify ... - AOL

   www.aol.com/uaw-president-shawn-fain-urges...

   Booth said that in the contract GM will offer three company special attrition programs (SAPs) from January 2024 through the life of the agreement that include a $50,000 lump sum pretax retirement ...

5. Retirement plans in the United States - Wikipedia

   en.wikipedia.org/wiki/Retirement_plans_in_the...

   Types of retirement plans. Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.

6. Employee Retirement Income Security Act of 1974 - Wikipedia

   en.wikipedia.org/wiki/Employee_Retirement_Income...

   The Employee Retirement Income Security Act of 1974 ( ERISA) ( Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income tax effects of transactions ...

7. Prudential Financial - Wikipedia

   en.wikipedia.org/wiki/Prudential_Financial

   Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers throughout the United States and in over 40 other countries. In 2019, Prudential was the largest ...

8. Prudential completes pension transfer agreement with General ...

   www.aol.com/2012/11/02/prudential-completes...

   Prudential completes pension transfer agreement with General Motors Co. NEWARK, N.J.--(BUSINESS WIRE)-- The Prudential Insurance Company of America, a Prudential Financial, Inc. company (NYS: PRU ...

9. PGIM - Wikipedia

   en.wikipedia.org/wiki/PGIM

   PGIM, Inc. ( PGIM ), formerly known as Prudential Investment Management, functions as the asset management arm of Prudential Financial, an American life insurance company. Headquartered in Newark, New Jersey, United States, PGIM manages more than $1 trillion in assets across its fixed income, equity, real estate, alternatives, and multi-asset ...