Credit Union One
February 6, 2014
Message from Joe Ashton and Jim Glynn
Dear UAW-GM Team Members,
Your commitment and excellent work over the past year have contributed greatly to GM’s strong 2013 business results announced today. Together, we improved quality and helped make GM a stronger company for our customers, employees, shareholders and others who depend on our success. You played a key role in vehicle launches such as the new Chevrolet Silverado, Impala and Corvette, GMC Sierra and Cadillac CTS. We upgraded several plants, added jobs and announced $2.8 billion in U.S. facility investment. Most importantly, the vehicles we produced performedwell in the marketplace.
In recognition of this progress, we’re pleased to announce that eligible UAW-GM team members will receive a maximum profit sharing payout of $7,500. Payments will be made on February 28, 2014. This payout is a great example of how GM is committed to sharing its success with employees. Payout totals for the past three years have been the highest since the profit sharing plan began in 1983. In fact, the 2013 payout is the single largest. The payout announced today, combined with the Quality Performance Bonus of $250 that UAW-GM team members received last December for achieving the warranty performance target for North America, demonstrates that GM recognizes and values the quality work you perform.
We have an exciting year ahead of us with the launch of several new models, including our heavy-duty and mid-size pickups, full-size SUVs and Cadillac ATS Coupe. Whether you work in stamping, powertrain, components, vehicle assembly or service parts, you play a role in delivering quality for our customers and helping GM succeed. When the company wins, we all win.
According to the 2011 National Agreement, eligible UAW-GM team members who worked the entire year (1,850 compensated hours) will receive the maximum profit sharing payout. Regular full-time employees on roll as of December 31, 2013 who worked only part of the year will receive a pro-rated amount based on the number of hours worked.
Congratulations! Thank you very much for your contributions.
Joe Ashton Jim Glynn
UAW Vice President Vice President – GM Labor Relations
Pre and Post Retirement Class
We are taking a head count/survey, to see who is interested in attending a Pre and Post Retirement Class. Please fill out the form below and put it into the Wooden Box, which is located along the wall in the Main Lobby between the men’s and women’s locker room.
If you are interested you can also contact Todd Burns, the UAW Pre and Post Retirement Rep., @ 330-824-5186 or 330-824-5501, or you can contact the Union Hall. The agenda will be on your UAW-GM Pension and Benefits, and also on Financial Planning. Note: We no longer have the Social Security Rep, Jim Mattes, who has retired and the Social Security Office will not replace him.
Read more...2013 W2 Forms Available on ADP iPay
Employee 2013 W2 forms have been processed and are now available on iPay. You must register with iPay to view your W2 form and/or earning statements. To register, please follow the iPay registration instructions located on the Global Business Services Payroll website under the Pay Statement Information. Hard copy 2013 W2 forms have been mailed to the employee’s home address on record.
