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Is GM's Pension a Ticking Time Bomb for Taxpayers?
Time Inc. 
Apr. 19, 2010 Excerpt: Here are the chief questions raised by the potential pension crisis: Could taxpayers really be on the hook for UAW pensions? Yes. GM could face a funding crisis in 2013 or 2014 when, under the current projections, the automaker will be required to make more than $12 billion in contributions to its pension funds to keep them solvent, according to the GAO analysis. MORE >> |
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