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Ford, Union Agree on Contract: Deal Includes Trust for Retirees' Health Care Costs
The Washington Post; subscription may be required 
Nov. 4, 2007
Excerpt: Ford Motor and the United Auto Workers union completed a tentative deal on a contract yesterday, averting a strike and capping a watershed period of labor negotiations in Detroit. Ford said in a written statement that the agreement included a memorandum of understanding to establish an independent health-care trust for retirees. Analysts have estimated that Ford owes as much as $31 billion in future retiree health-care costs.
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