Detroit (WWJ) -- United Auto Workers president Ron Gettelfinger announced Monday that the union has reached an agreement with Ford Motor Company on modifications to the Voluntary Employee Beneficiary Association (VEBA), the union's health care trust for UAW Ford retirees.
The union also reached tentative agreement with the company on other modifications to the 2007 UAW-Ford National Agreement on Feb. 15.
"We appreciate the solidarity, understanding and patience the members have demonstrated throughout the bargaining process," said Gettelfinger in a written statement. "The modifications will protect jobs for UAW members by ensuring the long-term viability of the company."
"Our bargaining team stepped up to confront numerous challenges," said UAW Vice President Bob King, who heads the union's National Ford Department. "They're to be commended for their hard work under difficult circumstances."
The proposed changes will be presented to the union's local leadership at a council meeting early this week. Ford UAW members and a court of law must approve any changes to the contract.
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