Retirees and employees who bought heavily into the stock are furious; some picketed GE’s annual meeting in April. Former executives are dumbfounded. “It’s unfathomable,” says one. “You couldn’t possibly dream this up. It’s crazy.” After all, this is GE, a corporate aristocrat, a...
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Discusses health insurance policies for retirees. Motives behind the elimination by companies of their retirees' health coverage; Finding affordable health insurance; Provisions of the Consolidated Omnibus Budget Reconciliation A...
Retirement allows people to build up greater financial reserves, lessen their career responsibilities, and devote more time to family activities. Even part-time self-employment has the potential to contribute favorably to retirees’ general health and well-being. Regardless of the weekly job schedule....
Despite the appeal of its profitable and growing aviation and healthcare businesses, GE seems like an income stock to avoid for most conservative investors, especially for risk averse retirees looking to live off dividends.
Next year will also be the first for PSHB, the new health-benefits program replacing FEHB coverage for USPS employees and retirees. The call letter provides our first look at how certain PSHB benefits will be structured. We’ll walk you through OPM’s areas...
The article focuses on the growth seen by private insurance exchanges in the U.S. in 2013. Private exchanges offer employees and retirees a wide range of plans and are designed for employers that purchase fully insured products as we...