What's In Your Future? Part 2
General Motors today announced they will be laying off up to 23% of its work force and shutting down factories in North America. Part of the big problems facing GM, and many other companies is underfunded pension liabilities that are coming due. Rising health care costs, for current and retired workers is frequently mentioned as a key structural problem.
This article in Business Week shows the cost to state and municiple governments for health care and pension plans.
Course Content
Darris McNeely
Darris McNeely is a retired elder in the United Church of God. He and his wife, Debbie, have served in the ministry for more than 53 years. They have two sons, who are both married, and four grandchildren. Darris continues teaching at Ambassador Bible Center and is a member of the Council of Elders. Darris and Debbie continue to travel and keep up with the many friends and relationships around the world.
