General Motors Co.
General Motors Co., Detroit, does not expect to make any mandatory pension contributions for the next five years, according to its fourth-quarter earnings statement.
February 14, 2013 | 04:03 pm
The news about Ford and GM making lump-sum offers last year led to a flurry of speculation that the DB cashout option would gain momentum as a risk-management strategy for many more companies.
January 30, 2013 | 09:18 am
General Motors Co. is in discussions with the United Auto Workers union on offering lump-sum pension payments, confirmed GM spokesman Dave Roman.
January 09, 2013 | 04:04 pm
General Motors UK Ltd. entered into a £230 million ($371 million) pension buy-in annuity contract with Rothesay Life to secure the pension benefits of all participants in the General Motors UK...