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PBGC Fees Rise for Underfunded Pensions
Bloomberg
Dec. 15, 2017
"GE's fees surged more than sixfold, to about $238 million, in 2017 from 2012, according to the PBGC data ... Boeing's bill was $151.7 million, about four times what it paid in 2014.... GE, whose pension fund is short by about $31 billion, said in November it would borrow $6 billion to fund its plan. After Boeing's fund fell short by about $20 billion at the end of 2016, the company said in July that it would add $3.5 billion of its shares to a scheduled $500 million pension contribution."
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