thebubbashow.org
Pension Troubles at GE
GE Freezes Pension Plan General Electric Co. said it was freezing its pension plan for about 20,000 U.S. workers and offering pension buyouts to 100,000 former employees, as the conglomerate joins the ranks of U.S. companies phasing out a guaranteed retirement. GE is one of the rare big U.S. manufacturers that still allows salaried workers to accrue