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S&P 500 Companies Might Become More Competitive by Decreasing Pension Liabilities
Bloomberg 
July 28, 2012
"Efforts by General Motors Co. (GM) and other companies to reduce pension obligations to employees may be essential for them to prosper worldwide, according to Tobias Levkovich, Citigroup Inc.'s chief U.S. equity strategist.... [C]ompanies in the Standard & Poor's 500 Index had a record $354.7 billion deficit in pension funds at the end of last year, according to figures compiled by S&P. The shortfall widened by 45 percent from 2010."
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