GE Capital pension fund

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ABS
Posts: 16
Joined: Fri Nov 18, 2016 5:44 pm

GE Capital pension fund

Post by ABS » Thu Jan 18, 2018 11:49 am

Are there any Bogleheads who are eligible or recipients of a defined benefit payout from the now divested GE Capital companies? i am interested in finding out how safe and robust the fund is.

JohnFiscal
Posts: 503
Joined: Mon Jan 06, 2014 4:28 pm
Location: USA

Re: GE Capital pension fund

Post by JohnFiscal » Thu Jan 18, 2018 12:04 pm

not me, but I just happened to read this article. sounds like bad news.

http://www.msn.com/en-us/money/companie ... ocid=ientp

ABS
Posts: 16
Joined: Fri Nov 18, 2016 5:44 pm

Re: GE Capital pension fund

Post by ABS » Thu Jan 18, 2018 6:16 pm

Yeah, I read the article too. Not being familiar with how pension liabilities are handled when a division is sold, I am interested in finding out if the status of the pension fund for the division I worked for is independent of what may transpire at GE. The fund that applies to my pension appeared to be healthy the last time they sent out the annual report. I need to be fearful if my pension can sink with the decline of GE or relieved if it is independent.

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