Long before General Motors filed for bankruptcy protection, it closed all 10 of its facilities in Anderson, Indiana, which was devastating to the greater Anderson Community, yet today, more than ten thousand General Motors retirees reside around Anderson and the pension benefits continue to buffer the economic impact on the community. There are viable threats in the current economic climate to this stream of pension income, however.
This study is an attempt to assess the long-term economic impact that a loss or significant reduction of future pensions could potentially have on the Anderson, Indiana, area.
Furdek, Jonathan and Lucas, John J.
"What Happens if Pensions Disappear? A Case Analysis,"
Journal of the Indiana Academy of the Social Sciences: Vol. 18
, Article 7.
Available at: https://digitalcommons.butler.edu/jiass/vol18/iss1/7