To me, it looks like a gigantic, life-long, 'voluntary' ass-fucking, including:
1) a huge, and growing, liability. The companies will transfer to the unions about two-thirds of the funds necessary to support the retiree health care plans for the future. Where is the rest supposed to come from, pray tell?Looks like WIN-fucking-WIN-fucking-WIN for the Bosses.
2) a bifurcated pay-scale plan that is GUARAN-fucking-TEED to irritate and alienate current and future workers and weaken the Unions.
3) NO assurances that the companies will NOT outsource further jobs and production.
Or, did I miss something???