Getting your player ready...
DETROIT — GM is further slashing benefits to retired white-collar workers and their dependents, according to a letter sent to retirees.
GM will no longer provide vision, dental and extended-care coverage to retired workers. Only medical and prescription-drug coverage will continue.
Life insurance will be reduced. Benefits for current retirees will be capped at $10,000, while future retirees will receive life insurance worth half their annual base salary.
