RSS icon

Top Stories

Retirement/Pensions

GM CEO: We're Tackling Biggest Problems—Europe, Pension Obligations

June 13, 2012
General Motors Corp. CEO Dan Akerson also said he would consider offering a pension buyout to GM's more than 400,000 hourly retirees and dependents as a way to reduce the $134 billion pension obligation on its books, which Akerson said is the largest of any U.S. company. This month, GM said it will offer a buyout to some of its salaried retirees.
Read More