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Pension liability!!!
(Phoenix)
Posted on: 2012-06-18 03:01:06
Poster's E-Mail: Withheld. Use the form below to contact the user.
The General Motors (NYSE:GM) Pension Buyout plan, announced on June 1, stated that GM plans to cut their pension liability by an expected 26 billion dollars. Select salaried U.S. retirees will be offered a lump-sum, with other retirees being offered a monthly pension payment. Making this decision will involve considering initial eligibility and a full understanding of the two options, including the consequences therein. Consulting a qualified financial advisor is suggested. For more information, including a free white paper, on the General Motors Pension Buyout, please visit http://www.gmpensionbuyout.net. The decision deadline will be July 20, 2012.
Location: Phoenix
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