UPDATE 2-GE to freeze pension plans for about 20,000 U.S. workers to cut debt
06 Oct UPDATE 2-GE to freeze pension plans for about 20,000 U.S. workers to cut debt
Posted at 12:26h
in
News
by KMFSLLP
General Electric Co said on Monday
it was freezing pension plans for about 20,000 U.S. employees
with salaried benefits, as the industrial conglomerate makes
another drastic move to cut debt and reduce its pension deficit
by up to $8 billion.
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