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News : Business

GE pension benefits freeze may cut deficit up to $8 Billion

By Bloomberg
12 Oct 2019   |   6:06 am   |  
General Electric Co. is freezing pension benefits for about 20,000 U.S. employees in a move that could help trim $5 billion to $8 billion from the company’s pension shortfall. Bloomberg Opinion columnist Brooke Sutherland has the details on "Bloomberg Daybreak: Americas." Her opinions are her own.


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