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 ...

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 ...

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, ...

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 ...

The news that General Electric (GE) was freezing its pension for 20,000 workers this week and offering buyouts to 100,000 former employees sent the company’s beleaguered stock up slightly, but dealt ...

General Electric is making sweeping changes to its pension plan for approximately 20,000 employees, sending shares higher ahead of Monday’s opening bell. Seven hundred employees who became executives ...

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 ...