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General Motors Co. Offers Pension Buyout to Salaried Workers
General Motors Co., in a statement, said the moves should reduce its U.S. pension liability by about $26 billion, a major step in its bid to reduce the $134 billion pension obligation on its books, which GM says is the largest pension liability for any U.S. corporation.
- By Mike Colias
- June 1, 2012
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