GE’s $31b hangover: Immelt leaves behind unfunded tab

GENERAL ELECTRIC CO.'S $31 billion pension deficit is the largest of any S&P 500 company. / BLOOMBERG FILE PHOTO/DANIEL ACKER
GENERAL ELECTRIC CO.'S $31 billion pension deficit is the largest of any S&P 500 company. / BLOOMBERG FILE PHOTO/DANIEL ACKER
NEW YORK - It’s a problem that Jeffrey Immelt largely ignored as he tried to appease General Electric Co.’s most vocal shareholders. But it might end up being one of the costliest for John Flannery, GE’s newly anointed CEO, to fix. At $31 billion, GE’s pension shortfall is the biggest among S&P 500 companies and…

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