How much is GE pension underfunded?
How much is GE pension underfunded?
GE’s pension was less than 70% funded on a GAAP basis in 2015. Since then, GE has added roughly $12 billion to its pension plans. The $2.5 billion addition is about 2.6% of the total obligation of about $95 billion, and it covers mandated contributions for the coming three years. Dec 8, 2020