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What is General Motors doing now?

Updated: 8/18/2019
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11y ago

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It appears that Ford Motor Company has paved the way for GM's decision to likewise cut pension plan liabilities. On June 1, GM laid out its plan to offer select U.S. salaried GM retirees a lump-sum payment option, while other retirees are able to participate in recurring monthly pension benefits. Please review the information at the following website for more details: http://youtu.be/32ZRne7AoTQ. Since the deadline is July 20, 2012, it is suggested that any final decisions be prepared with a qualified financial advisor before making any changes to your current pension plan arrangements.

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11y ago
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Q: What is General Motors doing now?
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