YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
General Electric Co. announced it's freezing pensions for roughly 20,000 U.S. employees.
The company is moving to reduce its pension deficit by up to $8 billion.
The company also announced it's offering lump-sum payments to roughly 100,000 former employees and freezing supplementary pension benefits for 700 workers.
Read more from MarketWatch.
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