DETROIT (AP) — Ford Motor Co. says it will pump $3.8 billioninto its global pension plans this year as it tries toget them closer to fully funding their obligations.

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The company also says that it has raised the annual pay for its16 directors by 25 percent to $250,000.

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The disclosures came in Ford's annual report filed Tuesday withthe U.S. Securities and Exchange Commission.

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Ford says it will put $2 billion into theU.S. pension plan, make $350,000 in benefit payments andput the remaining $1.45 billion into other plans across theglobe.

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The report says that as of Dec. 31, the U.S. plan was $9.4billion short of its obligations, while global plans, which includethe U.S., were short by $15.4 billion.

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