Automaker offers lump sums to retirees, ex-employees. (Mike Archer of Towers Watson)
By Susan Kelly|May 01, 2012 at 12:49 PM
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In a groundbreaking move to reduce Ford Motor’s pension obligations and related balance-sheet volatility, the company said it will offer salaried retirees and former salaried employees lump sums in lieu of future pension payments.
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