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PBGC Keeping an Eye on GM
Workforce Management 
Oct. 15, 2008
Excerpt: General Motors Corp. is being monitored by the Pension Benefit Guaranty Corp., 'as financial reports come in,' said Jeffrey Speicher, PBGC public affairs specialist. 'We will be looking with great concern as financial reports come in,' he said. 'We aren't sending out any flares or raising any panic.' GM's pension plan was overfunded, based on its latest filings, he said. 'From our point of view, it is difficult to say what the impact [of the market turmoil] is' on the plan, he said.
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