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Sunday, November 18, 2012

Sluggish stocks leave UAW trust short

A second straight year of poor stock market performance has increased the funding shortfall to $33 billion for the Detroit-based UAW Retiree Medical Benefits Trust , which covers about 809,000 retired autoworkers, according to federal documents.

http://www.crainsdetroit.com/article/20121118/SUB01/311189970/sluggish-stocks-leave-uaw-trust-short

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