Home Current News GE to freeze pension plans for 20,000 workers to cut debt

GE to freeze pension plans for 20,000 workers to cut debt

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GE to freeze pension plans for 20,000 workers to cut debtGeneral Electric said Monday it was freezing pension plans for about 20,000 American employees with salaried benefits, as the company makes another drastic move to cut debt and reduce its pension deficit by up to $8 billion.

Source: yahoo.com/news