Note: GM has informed us
that funding of health care premiums for the remainder of 2011, as part of the
ERRP program, will be extended to all eligible GM retirees who are under the age
of 65. The following notice reflects this revision.

GM has announced
plans for applying funds from the Early Retiree Reinsurance Program (ERRP). The
ERRP is a government program that is intended to improve employer-sponsored
benefits plans. Funds received from the program must be used to benefit health
care plan participants, but application of those funds is at the discretion of
the plan administrator, in this case, GM.

GM will apply ERRP funds
directly to the monthly health care premiums for those enrolled in the GM
sponsored program who are under 65 and not yet eligible for Medicare. Effective
April through December 2011, there will be no health care premium deductions for
qualified program participants. This does not apply to retirees who are in a
COBRA or self-pay plan or for those with sponsored dependents. [Read more ...]