$10B aimed at union retirees | Detroit Free Press | Freep.com
WASHINGTON -- Antilabor forces say it's welfare for the UAW and Democrats' union allies. Labor supporters say it falls short of what's needed as tens of thousands of union members are pushed into early retirement as employers cut back health care coverage.
They're both talking about a $10-billion provision tucked deep inside thousands of pages of health care overhaul bills that could help the UAW's retiree health-care plan and other union-backed plans.
It would see the government -- at least temporarily -- pay 80 cents on the dollar to corporate and union insurance plans for claims between $15,000 and $90,000 for retirees age 55 to 64.
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