http://online.wsj.com/article/SB10001424052748703727804576017983038381632.html?KEYWORDS=retirement

By Sharon Terlep; The Wall Street Journal ~ Dec 14, 2010

General Motors Co. is offering buyouts and early-retirement incentives in hopes of persuading up to 3,000 skilled-trades workers to leave U.S. plants.

The auto maker is offering a $60,000 payment to workers at 14 factories to either retire or cut ties with the company by March. They have until Dec. 23 to decide whether to take the offers. Many of the incentives are aimed at workers at GM plants scheduled for closure.