Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
NPR had a story today about Ford Motor Co offering to buy out its current retirees. The idea is that Fod will pay the retiree a lump sum in exchange for eliminating the retiree's pension obligation. The story made a point that this won't save Ford much money, but it will get a huge obligation off of their books. That will result in a better credit rating. Presumably, this is the payoff.
https://www.npr.org/2012/05/16/152809399/certain-ford-retirees-face-major-pension-decision
https://www.npr.org/2012/05/16/152809399/certain-ford-retirees-face-major-pension-decision