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Make Me Smart with Kai and Molly

Episode 136: VC hype vs. Wall Street

Oct 22, 2019

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Marketplace Tech
Workplace Culture

GE freezes pensions as the benefit becomes endangered in private sector

by Meghan McCarty Carino Oct 8, 2019
General Electric is freezing its pensions for 20,000 non-union workers and will offer pension buyouts for another 100,000 former employees. GE said the move will save $8 billion, part of a plan to shed some of the company’s considerable debt.…
Yasuyoshi Chiba/AFP/Getty Images

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