As GE freezes pensions, observers say employees should consider finances carefully

As GE freezes pensions, observers say employees should consider finances carefully

John Phelps gives General Electric’s current CEO, Larry Culp, the benefit of the doubt. Phelps, a GE retiree who has tangled with management over changes to the company’s retiree health plans, isn’t surprised Culp has lately focused his cost-cutting efforts on the company’s pension plan