GM, UAW support bill to overhaul U.S. pensions

Newswire

By John Crawley WASHINGTON, July 30 (Reuters) - Final pension reform legislation headed for a vote in the U.S. Senate this week not only will help bankrupt airlines save their traditional retirement plans, but also is supported by General Motors Corp. and the United Auto Workers. "We look forward to seeing legislation pass that is balanced, protects employee pensions and allows companies to calculate with reasonable certainty future contributions," GM spokesman Greg Martin said. GM has ...

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