General Motors Hourly-Rate Employees Pension Plan is a single-employer collectively bargained defined benefit corporate pension based in Detroit, Michigan. Established in 1950, the plan provides retirement and pension benefits to the General Motors hourly-rate employees in the United States. General Motors Investment Management Corporation is the plan's named fiduciary for investment purposes. The assets of the pension fund are managed by the investment funds committee State Street Bank and Trust company serve as the trustee of the plan.