GE FREEZES PENSION BENEFITS FOR 20,000 EMPLOYEES TO LOWER DEBT BURDEN

Published: 8/10/2019
GE FREEZES PENSION BENEFITS FOR 20,000 EMPLOYEES TO LOWER DEBT BURDEN
Source: REPUBLICBROADCASTING.ORG

  via: BLACKLISTED NEWS   SOURCE: ZERO HEDGE In what looks like a dry run of the looming pension crisis facing corporate America, GE said on Monday that it would freeze pension plan benefits for 20,000 American employees with salaried benefits, WSJ reports. The company also plans to freeze supplementary benefits for roughly 700 employees who became executives before read more

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