GE has frozen 20k pensions. Sets up ability for other companies to do the same. Ford likely to follow. | |
Anonymous Coward User ID: 77967733 United States 10/08/2019 10:23 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77337151 United States 10/08/2019 10:25 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77996959 United States 10/08/2019 10:41 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 42324467 Canada 10/08/2019 10:44 PM Report Abusive Post Report Copyright Violation | Re: GE has frozen 20k pensions. Sets up ability for other companies to do the same. Ford likely to follow. [link to www.marketwatch.com (secure)] "General Electric Co. said Monday it is freezing pensions for about 20,000 U.S. employees with salaried benefits, as part of its plan to reduce its pension deficit by up to $8 billion. The stock GE, -3.27% ended a seesaw session to close down 0.1%, after being down as much as 1.1% and up as much as 0.9% intraday. GE said it was also freezing supplementary pension benefits for about 700 employees and offering a limited-time lump-sum payment option to about 100,000 former employees who have not yet started their monthly pension payments." |
Jake User ID: 77849624 United States 10/08/2019 10:49 PM Report Abusive Post Report Copyright Violation | Re: GE has frozen 20k pensions. Sets up ability for other companies to do the same. Ford likely to follow. Fukushima cleanup bankrupted GE Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance! Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes." |
Anonymous Coward User ID: 77967733 United States 10/08/2019 10:53 PM Report Abusive Post Report Copyright Violation | Re: GE has frozen 20k pensions. Sets up ability for other companies to do the same. Ford likely to follow. [link to www.marketwatch.com (secure)] Quoting: Anonymous Coward 42324467 "General Electric Co. said Monday it is freezing pensions for about 20,000 U.S. employees with salaried benefits, as part of its plan to reduce its pension deficit by up to $8 billion. The stock GE, -3.27% ended a seesaw session to close down 0.1%, after being down as much as 1.1% and up as much as 0.9% intraday. GE said it was also freezing supplementary pension benefits for about 700 employees and offering a limited-time lump-sum payment option to about 100,000 former employees who have not yet started their monthly pension payments." Thanks. Well that's bad news for the people. Hasn't their stock been in the tank for a while now? |
The Vigilant Just A Watcher on the Wall User ID: 73514234 United States 10/08/2019 10:56 PM Report Abusive Post Report Copyright Violation | Re: GE has frozen 20k pensions. Sets up ability for other companies to do the same. Ford likely to follow. [link to www.marketwatch.com (secure)] Quoting: Anonymous Coward 42324467 "General Electric Co. said Monday it is freezing pensions for about 20,000 U.S. employees with salaried benefits, as part of its plan to reduce its pension deficit by up to $8 billion. The stock GE, -3.27% ended a seesaw session to close down 0.1%, after being down as much as 1.1% and up as much as 0.9% intraday. GE said it was also freezing supplementary pension benefits for about 700 employees and offering a limited-time lump-sum payment option to about 100,000 former employees who have not yet started their monthly pension payments." Thanks. Well that's bad news for the people. Hasn't their stock been in the tank for a while now? As usual, those at the bottom pay for the incompetence of those at the top. Class-Action Lawsuit in 3, 2, 1,... "Sir, are you classified as human?" "Negative. I am a meat-popsicle." ~Corbin Dallas |
Anonymous Coward User ID: 75716984 United States 10/08/2019 11:32 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73174030 United States 10/08/2019 11:36 PM Report Abusive Post Report Copyright Violation | Re: GE has frozen 20k pensions. Sets up ability for other companies to do the same. Ford likely to follow. |
canalien* User ID: 77541286 Canada 10/08/2019 11:41 PM Report Abusive Post Report Copyright Violation | Re: GE has frozen 20k pensions. Sets up ability for other companies to do the same. Ford likely to follow. Does that mean all the people who have already retired lose their pensions? If so, that'll be enough to cause an uprising right there. Just read the link, yes people already retired will have no change in their benefits Last Edited by canalien* on 10/08/2019 11:45 PM |
Anonymous Coward User ID: 76011895 United States 10/08/2019 11:44 PM Report Abusive Post Report Copyright Violation | Re: GE has frozen 20k pensions. Sets up ability for other companies to do the same. Ford likely to follow. Put your trust in government and you will get what you deserve. Mega corps tied in with governments are governments. I put no trust in my government to deliver the funds stolen from me when I need them most. Quoting: Anonymous Coward 73174030 I’m glad I invested nothing Not time ,nor money Everything is a lie |