Lindsey Smith

Business
4:23 am
Wed May 16, 2012

Certain Ford Retirees Face Major Pension Decision

Originally published on Wed May 16, 2012 8:05 am

Transcript

DAVID GREENE, HOST:

And now to big money that's tied up in a company's pension fund. Tens of thousands of white-collar Ford retirees will soon have a big decision to make: Should they stay in the auto company's pension plan, or take their chances with a lump sum payout instead? The offer is believed to be the first of its kind for such a large, ongoing pension fund.

Michigan Radio's Lindsey Smith reports.

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