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Healthcare Audit
Simply put You
Must Participate In This Audit If You Have Any Dependents On Your Insurance.
In early November all
hourly enrollees, (active and retired), who have dependents on their health
care policy will be mailed an audit package. This is not simply
verification by telephone or mail, but an actual document audit.
Enrollees will need to mail in copies of documents such as
tax returns, marriage and birth certificates.
It is very important
you SAVE all information you receive, as the documents carry bar codes,
which the auditors will use when you return required documentation. Please
take note of the importance of your immediate response. If you do not
respond to this audit, any eligible dependents will be terminated as of
March, 1, 2009. If you have questions about the audit process, call 1(888)
898-1101.
Remember, dependents
not on healthcare are not covered by Dependent Life Insurance.
Retirees
Christmas Bonus
UAW GM
retirees and surviving spouses, whose retirement started before October 1,
2007, will receive a lump sum payment for December 2008. This benefit will
be calculated at $23.33 times years of credited service, with a minimum of
$233.33 and a maximum of $700. Surviving spouses will receive 65% of the
retiree amount.
Active Only
Considering your
options for the future?
1.
Visit
www.myUAW-GMretirement.com
User Name:
retirement
Password: prepost
2.
Call
1(800)489-4646 for a pension model
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Check your total
Credited Service at:
www.gmbenefits.com
If unable to get
information on the website, call 1(800) 489-4646.
Future Layoffs and
Your Pension
Contract
Language
Pension Supplement, Article III
An employee who is
laid off and whose first day of absence due to such layoff is the first
regularly scheduled work day in the January next following the last day
worked shall be deemed to have been laid off on December 31 of the year in
which the employee last worked.
How this language is
applied: Your Credited Service will continue in January with 40 hours per
week during lay off and will continue through 2009. This means on January
1, 2009, someone who has 29.8 years of Credited Service would need 2 tenths
(255 hrs.) of a year more Credited Service or lay off to get 30.0 years.
255 hours divided by
40 = 6.38 or 7 weeks of layoff for a March 1, 2009 effective retirement
date. (Any unused vacation hours from 2008 would get you there more
quickly.)
Keep in mind an
employee must receive pay from the corporation for 170 hours in a calendar
year to generate this bank, so if employees laid off in December return to
work the following year, they must be paid 170 hours before generating a new
bank.
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