GM Pension Fund: Is It Under Funded
Read More:
General Motors, Gm, GM Bankruptcy, Gm Chapter 11, GM Pension Fund, GM Retirees, Pensions, Uaw, UAW Pension Fund,
Business News
nytimes.com:
General Motors is using its huge pension fund in a way it never intended.
It had planned -- and put money aside -- for a steady march of retirees over time. But instead, tens of thousands of blue-collar workers, most in their 40s and 50s, are all becoming eligible for retirement benefits now, as the company rapidly downsizes.
Loading comments…
First Posted: 06-30-09 05:52 PM | Updated: 06-30-09 05:58 PM