General Motors opposes pension disclosure changes


NEW YORK, June 27 (Reuters) - General Motors Corp. , struggling with its underfunded U.S. pension plan, said on Friday it opposed an accounting rule currently being developed to improve disclosure on corporate pension plans. The Financial Accounting Standards Board, which sets accounting rules in the United States, agreed earlier this week that companies must immediately disclose to investors if they plan to change the amount of money they pump into their pension plans, a spokeswoman said. ...

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