Here are five myths about GE pensions and other benefits, and the facts behind them. Myth #1: My pension will not be there when I retire. Will your pension look like you thought it would?

Like other companies, GE (GE) has accumulated a significantly underfunded pension. But like most things lately at GE, its pension shortfall is much worse. Not only does GE have the largest pension ...

The monthly income stream, we figure, has a present value of $151,000, assuming this guy is in good health and the pension plan doesn’t go bust. GE is offering him $75,000. Another future ...

But experts say such buyout deals may not be as good as they seem. The pension buyout, as well as GE’s pension freeze for more than 20,000 workers, is part of the company’s effort to lower its ...

Years of inattention, low interest rates and shrinking profits have left GE with one of the largest pension shortfalls in Corporate America. GE (GE) said it will pre-fund $4 billion to $5 billion ...

GE is facing a proposed class-action lawsuit over its transfer of $1.7 billion in pension liabilities to an insurance company. The company is the latest among several large companies sued over ...

GE announced in December 2020 that it had purchased group annuity contracts from two Athene Holdings subsidiaries to transfer $1.7 billion in pension fund liabilities, representing the benefits of ...