General Electric announced Monday it will freeze its US pension plan for about 20,000 workers to help clean up the company's beleaguered balance sheet. General Electric announced Monday it will freeze ...

GE is facing a proposed class-action lawsuit over its transfer of $1.7 billion in pension liabilities to an insurance company. The new case against GE, which was brought by law firm Schlichter Bogard, ...

General Electric, Boston, will freeze its U.K. defined benefit funds effective Jan. 1, as part of plans to solidify its financial position. The change will affect 2,700 staff and follows a 60-day ...

General Electric announced plans to freeze pension benefits for about 20,000 employees in the U.S. on Monday. The company also plans to pre-fund $4 billion to $5 billion of its estimated requirements ...

Schlichter Bogard LLP files a lawsuit against General Electric for completing a pension risk transfer with Athene, joining suits against AT&T and Lockheed Martin, among others. Law firm Schlichter ...

On the go: General Electric’s UK division is facing the prospect of industrial action over reforms to its pension schemes, which, critics have said, will leave workers thousands of pounds worse off.

MINNEAPOLIS, Aug. 1, 2024 /PRNewswire/ -- Participants in pension plans formerly sponsored by General Electric have reached an Agreement with GE and two recently spun-off entities to preserve retirees ...

LOUISVILLE, Ky. (WHAS11) -- Amid GE's decision to outsource hundreds of jobs, they are also facing criticism from retirees. The union said the company has switched to a different healthcare provider ...