Certain Ford Retirees Face Major Pension Decision

Lindsey Smith — Wed, 16 May 2012 08:52:00 +0000

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.

LINDSEY SMITH, BYLINE: In Michigan, there are more than 30 clubs for Ford retirees. Charles White runs two of them.

A Return To 'Safety First' For Michigan Nuclear Plant

Lindsey Smith — Sun, 22 Apr 2012 19:50:00 +0000

The Palisades nuclear power plant in Michigan had five unplanned shutdowns last year. It's one of the area's biggest employers, and its safety record is one of the worst in the country.