Tuesday, December 1, 2009

Many Retirees have called and asked about the Christmas Bonus. Retirees are still entitled to a Christmas Bonus per the 2007 National Agreement which states: UAW Retirees and surviving spouses whose benefit started before October 1, 2007 will receive four lump- sum payments during the proposed 2007-2011 agreement. The payment for December 2007 will be $700 for all retirees and $455 for all surviving spouses. The lump-sum payments to be made in December 2008, December 2009 and December 2010 will be $23.33 times years of credited service, with a minimum of $233.33 and a maximum of $700. Surviving spouses will receive 65 percent of the retiree amount.

We have been informed that this year the lump-sum payment will be distributed the week of December 21, 2009.

There will be no Christmas Bonus for active Members this year.