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Originally Posted by twalters1  I have several relatives working for foreign vehicle assembly plants and there is absolutely no pension plan whatsoever. The wages are way below what they should be and health care is only mediocre.
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That really sucks. We have a pension plan, not a great one but we also get a company matched 401k. Our health ins. (Anthem BC) is fully paid by the company. We just have to pay a deductible ($200 person / $600 family) and 10% co-pay. They also provide dental, disability and life ins. all paid by the company.
Recently with the economy in the crapper they offered buy-outs (crappy ones) and those that stayed took a cut. DH went down to 36 hour a week. The cut lasted less than 2 months, he just went back to 40 hours last week. But they were able to avoid layoffs here in the U.S.