Update: Workers at Moraine GM Plant approve Buyout

The Plant which has been scheduled to close in December has finally come up with a contract for it's former employees. The contract consists of buyouts, early retirement, and transfer rights. Workers who have been at the plant for more than 10yrs will receive $140,000., and those with less than 10yrs will receive $70,000. But when it comes to being transferred, that can only happen if and when another GM plant has an opening. Retirees will benefit from the $1.6Billion trust fund GM will contribute over the next few yrs.