GM to cut 24 percent of U.S. pension liability

http://www.reuters.com/article/2012/06/01/us-gm-pension-idUSBRE85014S20120601

General Motors Co (GM.N) will offer some U.S. white-collar retirees a lump-sum pension buyout as part of two actions announced on Friday that will slash 24 percent of its U.S. pension obligations.