So Why Are GE’s Pensions So Underfunded, Anyway?

So Why Are GE’s Pensions So Underfunded, Anyway?

Employees of the General Electric (GE) company arrive for an inter-union general meeting in Belfort, eastern France, on October 7, 2019. – The management of General Electric (GE) in Belfort said on October 3, to be “ready” to maintain a maximum of
AFP via Getty Images
Last week, General Electric announced the impending freeze of its pension plans to new accrual, for salaried workers and…

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