The plans, which covered 21,000 workers and retirees, were then terminated and placed under the stewardship of the pension agency.
American sponsors four defined benefit pension plans covering nearly 130,000 workers and retirees.
The funds cover not only workers and employees but retirees and people on welfare.
The plans cover roughly 145,000 employees and retirees.
Medicare is a landmark public health insurance program that covers retirees and individuals with disabilities more than 45 million Americans nationwide.
Including the cost of covering retirees and their spouses, Ford's expense is now approaching $2,800 annually for each active hourly worker.
And that doesn't include $15 billion more that businesses will save through provisions covering early retirees.
The new health care plan still requires a federal judge's approval as a legal formality because it covers retirees who were not eligible to vote.
Together, they cover 300,000 employees, retirees under 65 and dependents.
The corporation insures 107,000 defined-benefit plans covering almost 40 million participants and retirees.