Last month General Motors announced its plans to freeze pensions and reduce health-care benefits for salaried employees.  Today GM offered buyouts to all of its 105,000 hourly employees.  CNNMoney shows what GM will be offering.

Workers will be offered a $35,000 payment if they agree to retire early. Workers who promise to sever all ties with GM — leaving the company with no retirement benefits — will get $70,000 to $140,000, depending on time with the automaker.

In a related agreement, GM will offer $35,000 retirement buyouts to 13,000 workers at bankrupt auto supplier Delphi (DPHIQ). Another 5,000 Delphi workers will be eligible for jobs at GM.