Important info for Trades and Production – Sept 10 2025

4 hours ago
by Mike Van Boekel

Trades and Production Retirement Packages – Important Information

We have signed off on the agreement for trades to be included in the current retirement packages that are being offered.

Important Note: GM will not offer Letter 14, as they state they will retain all trades in the main plant if needed. However, GM has agreed to allow trades to participate in these packages.

Package Details

  • Payout: $60,000

  • Car Voucher: $20,000

  • Deadline to Register: 4 p.m., Friday, September 19

  • Note: These packages are irrevocable once the deadline has passed.

Eligibility Criteria

Eligible employees include those who:

Are in the DB pension 

  • Have 30 years of service, or

  • Are 60 years old with 10 years of service, or

  • Have 85 points, or

  • Are age 65

Trades Retirement Rules

Trades employees must:

    • Retire by January 1

    • If you hit 30 years on November 10, you must sign up by September 19, but retirement will be December 1

    • Retire on the 1st of the month following eligibility, up to January 1, 2026

Production Retirement Rules

Production employees can:

      • Sign up to retire until September 19 at 4 p.m.

      • Follow the same rules as the program that ended two weeks ago

      • Obtain sign-up forms from any of the three benefit reps

Quitting Options

    • Tradesperson with less than 12 years seniority: One-time $40,000 payout (same as production members)

    • Tradesperson with more than 12 years seniority: Package available to quit (related to the difference between DC and DB pensions)