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Reports
Articles
Ford
Offers Pension Buyouts to 90,000 Retirees and Former
Workers (April 28, 2012) Ford currently has a US pension
obligation of $49 billion. It is now offering one-time
lump sum payments to pensioners to buyout any pension
obligation Ford has towards them. The same deal will
be offered to current waged union workers, subject to
an agreement with the United Auto Workers union. The
payouts will start later this year. Ford is currently
losing money in all other markets but the US.
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