Reading the 2011 annual report (I do not think the 2012 annual report has been published), GM states that the accumulated pension obligations total roughly $108 Billion and the fair value of plan assets totals $94 billion, which leaves a unfunded pension obligation of $14 billion and not $100 billion.
Found on page 130 of annual report. Found at
GM has $141.2 billion in pension obligations and has $108.8 billion in pension assets. leaving a total shortfall of $32.4 billion. Have they solved their financial problems?