Will a union be able to secure us a pension?

The first thing to remember about union promises is they are not legally enforceable, meaning the union can promise anything they want during a campaign but they do not have to deliver on the promise.

In the 2019 negotiations with the Detroit Three automakers, the union told their members they would bring back pension plans. The union failed to deliver.

Again, in their most recent negotiations with the Detroit Three, the union told their members they would bring back pension plans. The union failed to deliver.

Members did not receive anything close to a pension.

In fact, no UAW member hired by the Detroit Three after 2007 has a pension. They only have a 401(k).

Anything can happen during the collective bargaining process.

HMMA Team Members have a 401(k) that includes a 100% match for the first 4% of Team Member contributions, plus the Strategic Retirement Contribution of 2% to 4% of a Team Member’s annual base salary to the 401(k).

In 2023, Team Members making the top wage and contributing 4% to their 401(k) during the
entire year, received an additional $3,500 to $4,700 towards their retirement depending on
their length of service.