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GE plan to trim benefits hits nerve with employees

Salaried jobs affected but unions worry contracts are next

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General Electric has announced plans to end the post-65 health coverage and life insurance for salaried employees retiring after 2014. Union officials say they believe the change is a precursor to the company reducing those benefits for union workers once their contracts expire. In a memo sent to salaried employees late last month, Human Resources Senior Vice President John Lynch indicated the company by January 2015 would end the health benefits for any salaried worker ...

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erowland
October 4, 2012
4:02 p.m.

[ Flag Post ]

This article is somewhat confusing, since it says in the opening paragraph "General Electric has announced plans to end the post-65 health coverage and life insurance for salaried employees retiring after 2014." but in the next paragraph it says "Senior Vice President John Lynch indicated the company by January 2015 would end the health benefits for any salaried worker or their spouse younger than 65 and enrolled in them."

Which is it - benefits for post-65 retirees, or benefits for workers or spouses younger than 65?

Gene Rowland

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