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Concerns About Big 3's Pensions
The government agency that protects pensions for Americans is raising fresh concerns about the repercussions if one or more of the U.S. auto makers were to collapse, saying 1.3 million workers and retirees could see their pensions slashed if that were to happen.
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- News Source: Turks and Caicos Free Press | 10 months agoHe acknowledged that General Motors Corp ( GM .N), Ford Motor Co ( F .N) and Chrysler LLC have well-funded pensions according to the standard accounting rules applied by the Securities and Exchange Commission ...Millard estimates the three carmakers...
- News Source: Asian Wall Street Journal | 10 months agoThe government agency that protects pensions for Americans is raising fresh concerns about the repercussions if one or more of the U.S. auto makers were to collapse, saying 1.3 million workers and retirees could see their pensions slashed if that...
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