11/5/2008: GM-Chrysler Union Would Create Pension Goliath (Pensions & Investments)
Excerpt: "A General Motors Corp. acquisition of Chrysler LLC would solidify GM's ranking as the world's largest corporate employee benefit fund, giving it total assets estimated at $170 billion. The deal also would unite companies that, despite their financial challenges, both have overfunded defined benefit plans."
Important word about authorship:
BenefitsLink ® (BenefitsLink.com) provides this page for you,
with a hypertext link to an item we think is interesting and valuable
for companies sponsoring employee benefit plans, employees who participate in plans,
and firms who provide products and services to plans. But BenefitsLink
is not the author of the item to which this hypertext link
will take you (unless expressly indicated there).
|
|
