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Pension watchdog warns that NUMMI plan is underfunded

RP news wires

The federal agency that protects pensions says New United Motor Manufacturing Inc. is liable for $292 million in benefit payments but has just $161 million in assets, and it wants Toyota Corporation to help make up the difference.

Read the full article from the San Francisco Chronicle newspaper by clicking on the link below:

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/03/08/BUIP1CCQBN.DTL

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