General Motors Co., Detroit, reported $29.4 billion in unfunded liabilities for its global defined benefit pension plans as of Sept. 30 in a quarterly earnings statement released Wednesday.
The company announced in late October plans to contribute at least $4 billion in cash and $2 billion in GM common stock to the automaker’s $85.9 billion U.S. hourly and salaried pension plans.
GM spokeswoman Noreen Pratscher could not be reached for comment.
