It changed its pension system eight years after the rest of Italy.
In 1981, it redesigned its pension system around mandatory saving into individual accounts.
The firm announced it is changing its pension accounting to a mark-to-market method and revealed a commitment to have its pension plan fully funded by 2015.
It plans to terminate its pension plans.
It would also increase its pension contribution.
In such a case, a government would owe more to its pension funds than it thinks.
That probably means it'd be willing to raise its pension age for future retirees, but not lower its pension payouts for current retirees.
If the firm ran into trouble, it might not be able to meet its pension obligations.
It also faces a $21 billion gap in its pension and health programs.
The automaker says there is no reason to worry about its pension accounting and that in March it contributed $2.2 billion in cash to its pension plan.
It had hoped to put the proceeds into its pension fund.
