As of Monday, hourly workers at 11 of Chrysler's U.S. facilities had been scheduled to decide on the offers, which include a $70,000 incentive payment to retirement-eligible workers or $100,000 to workers who agree to leave without future pension or health benefits.
What this usually means is that the pension eligible will get the 70K and their pensions. The remaining are probably not pension eligible so they are getting a one time payout.
As I said before, you cannot fault Labor for the lack of foresight by management. You cannot fault Labor for bad product design. The US automakers had ample warning of what Japan was doing, and ample time to react. If you can;t figure it out in 30 years - WTF. What will these autoworkers do, they will go to one of the overseas automakers who are now building more cars in the US than the US automakers. Toyota, Honda, Hyundai, BMW are becoming the new US automakers. I wish it was not so, but that is what is happening.