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Ford Seeks More Stability for Its DB Plans
Bloomberg Mar. 17, 2013
"Ford Motor Co. ... will shift more of its plan's assets to fixed income to shield against changes in interest rates. The shortfall for Ford's U.S. pension plans would have dropped by $2.3 billion or risen by $2.8 billion as of the end of 2012 if interest rates went up or down by 1 percentage point ... Ford is working to diffuse pension risks after the shortfall for its worldwide plans widened by $3.3 billion last year to $18.7 billion[.]"
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