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GE's Not Alone: 25 Companies That Owe $1 Trillion In Pensions

10/10/2019 | Investor's Business Daily

General Electric is getting out of the pension business — and is just the latest company to do so. But such efforts by S&P 500 companies only go so far. They're still on the hook for hundreds of billions in pension obligations.

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Tax breaks for seniors could widen gap between CT’s rich and poor

10/10/2019 | The CT Mirror

Connecticut has just begun a seven-year program to ease the tax burden on its elderly, a process that will provide nearly $170 million in annual relief by 2025.

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GE froze pension benefits for thousands of employees. Here are 5 large companies that have done the same in the past.

10/08/2019 | Market Insider

General Electric froze pension benefits for thousands of employees on Monday, and it's far from the first company to do so.

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GE, Once The Epitome Of Corporate America, Announced It’s Freezing Pensions For 20,000 Employees

10/08/2019 | Forbes

General Electric, once one of the mightiest, most well-respected American corporations, announced that it's freezing pensions, for about 20,000 U.S. employees and offering pension buyouts to 100,000 former employees, according to the Pension Rights Center.

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GE freezes worker pensions — what to do if your employer changes the terms of your retirement plan

10/08/2019 | Market Watch

General Electric is pulling the plug on its pension plan, and that’s a surefire way to derail workers’ retirement planning.

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General Electric freezing pension plan for 20,000 of its U.S. employees

10/08/2019 | CBS NEWS

General Electric announced it will freeze the pensions of 20,000 U.S. salaried workers, a measure designed to reduce its pension deficit and trim debt. The move will shave GE's pension deficit by as much as $8 billion and its net debt by as much as $6 billion.

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GE to Freeze Pension Plan sand Cut Deficit by Up to USD 8 Billion

10/07/2019 | Financial Buzz

General Electric Co (NYSE:GE) On Monday said it will freeze pension plans for about 20,000 U.S. salaried workers, and supplementary pension benefits for 700 employees who became executives before 2011.

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Not receiving the pension you deserve? There’s help

10/03/2019 | Tribune Content Agency

Many people are entitled to pensions that they are not receiving. It may seem strange, but this is often because they don’t know they are eligible for a pension.

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ERISA cases get starring roles in new Supreme Court term

09/30/2019 | Pensions&Investments

After three quiet years with no major ERISA cases, the U.S. Supreme Court starts its 2019 term on Oct. 1 with three significant cases scheduled and more waiting in the wings.

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Trump wrong to challenge workplace savings plans

09/28/2019 | Investment News

Virtually everyone who looks at the numbers agrees that America faces a retirement crisis. Simply put, most Americans have not saved enough to generate the income they will need to support themselves for the many, many years when they are no longer working full time.

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