TITLE

Conti, USW bury hatchet over benefits

AUTHOR(S)
McNulty, Mike
PUB. DATE
April 2008
SOURCE
Rubber & Plastics News;4/21/2008, Vol. 37 Issue 19, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Continental Tire North America Inc. and United Steel Workers (USW) have reached a tentative settlement on a disputed retiree benefits package that led to a class action lawsuit by the union and retirees. Continental has agreed to make payments of $158m to a USW retiree health insurance fund. The agreement provides benefits for about 2,300 retirees and 100 active employees who will be eligible for coverage upon their retirement.
ACCESSION #
31871072

 

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