That, as you may know, seems to involve the establishment of a company-funded trust fund, somewhere between $35 billion and $50 billion, to enable the union to take responsibility for heath care of its GM members and retirees.
But that has raised eyebrows within the union, where dissidents opposed to the creation of a VEBA have said that a stock-funded trust would tie the union's hands.
Brokered in 1998, during the Clinton-era Justice Department's anti-smoking crusade, the Master Settlement Agreement effectively dictated the terms by which modern cigarette companies can legally operate: regulating language, advertising, labeling, and establishing a tobacco-funded trust for anti-smoking commercials and quitting initiatives.
The union, he said, has already agreed to job reductions of more than 100,000 workers since 2006, taking over its retiree health care through company-funded trusts, and opening the door to lower wages for new workers at G.M., Ford and Chrysler.
He went on: "In the Internet age, in a Tower of Babel of rumor and paranoia and the place where people think that Elvis is alive, Paul McCartney is dead and the Jews blew up the Twin Towers, there is more of an argument than ever for an independent, state-funded, trusted and reliable source of news and information.
More forthcoming were the organisers of Sunday's Thames diamond jubilee pageant, which cost £10.5m, and which was paid for by donations to a privately-funded charitable trust, the Thames Diamond Jubilee Foundation.
Garcetti publicly voiced a desire for Nichols to be more aggressive with the DWP union in a City Hall effort to determine how two utility-funded nonprofit trusts have spent more than $40 million in ratepayer money.
Garcetti had publicly voiced a desire for Nichols to be more aggressive with the DWP union, notably in the administration's effort to determine how two utility-funded nonprofit trusts have spent more than $40 million in ratepayer money.
In 2003, the Times compared the Texas claims with results obtained by the National Assessment of Educational Progress, a federally funded test that is trusted, in part, because neither rewards nor punishments are attached to the results.
Mark was working for the ANC-funded voter education trust, Matla, and we arrived, very late, at the home of an ANC worker who offered to put us up for the night.
America's current system, in contrast, is pay-as-you-go: today's workers pay for today's retirees (although, to complicate things, the build-up of surpluses in the Social Security trust fund has made it partly pre-funded).
