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Judge OKs plan for healthcare trust at Chrysler

Chicago Tribune, April 10, 2008

A federal judge has given preliminary approval to a deal that would require Chrysler LLC's hourly retirees to pay more for healthcare and shift the automaker's retiree healthcare obligations to a union-administered trust. Chrysler and the UAW agreed to the trust as part of contract negotiations, but they need court approval for it to take effect.