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PR Newswire

GM Announces U.S. Salaried Pension Plan Actions

DETROIT, June 1, 2012 /PRNewswire/ --  Expected $26 billion reduction in U.S. pension obligation 118,000 salaried retirees overall impacted; 42,000 offered lump-sum payment No change to active employee benefits General Motors Co. today announced that it will provide select U.S....