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General Electric Co. has pre-funded $2.5 billion its GE Pension Plan funding requirements for 2021, 2022 and into 2023, Pensions & Investments reports. The organization had previously planned to pre-fund roughly $4 billion to $5 billion in 2020 to meet its minimum ERISA pension funding requirements through at least 2022, but lowered the amount after assets performed better than expected during the year.
1. FTC refunds customers for fraudulent health plans sold by Benefytt
2. Health systems consider dropping Medicare Advantage plans due to financial losses
3. UnitedHealth faces rising lawsuits following Change Healthcare cyberattack
4. MedPAC calls for 'major overhaul' of Medicare Advantage policies
5. Medicare to cover Novo Nordisk's weight-loss drug for heart patients
6. AT&T faces second lawsuit over $8 billion pension risk transfer