Thursday , January 28 2021

Tag Archives: pension

GE pension freeze: General Electric freezing pension plan for 20,000 U.S. employees – CBS News, CBS News

GE pension freeze: General Electric freezing pension plan for 20,000 U.S. employees – CBS News, CBS News

General Electric is freezing the pensions of 20,000 U.S. salaried workers to reduce billions in future pension obligations and trim debt.About 700 employees in its supplemental pension program, geared toward executives, will also have their pension benefits frozen.The company said the change won't impact already retired GE workers.General Electric announced it will freeze the pensions of…

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GE freezes pension plan for 20,000 employees – Fox Business, Foxbusiness.com

GE issues another rebuttalGeneral Electric is still trying to defend itself against accusations of accounting issues. SEC said they are monitoring the situation.General Electric is making sweeping changes to its pension plan for approximately 20,000 employees, sending shares higher ahead of Monday’s opening bell.TickerSecurityLastChangeChange %GEGENERAL ELECTRIC COMPANY8.57-0.14-1.61%Seven hundred employees who became executives before 2011 will have…

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GE freezes pension plan for 20,000 employees – Fox Business, Foxbusiness.com

GE issues another rebuttalGeneral Electric is still trying to defend itself against accusations of accounting issues. SEC said they are monitoring the situation.General Electric is making sweeping changes to its pension plan for approximately 20,000 employees, sending shares higher ahead of Monday’s opening bell.TickerSecurityLastChangeChange %GEGENERAL ELECTRIC COMPANY8.57-0.14-1.61%Seven hundred employees who became executives before 2011 will have…

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