Nir Kaissar, Columnist

GE Botches Its Pension Math

The company made some classic blunders.

June 22, 2017 at 11:30 AM UTC

Nir Kaissar is a Bloomberg Opinion columnist covering markets. He is the founder of Unison Advisors, an asset management firm.

1498069863_GettyImages-624884234 — Photographer: Loic Venance/AFP/Getty Images

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It’s time for General Electric Co. to do some soul-searching about its pension problem.

As Bloomberg News reported last week, GE’s pension was underfunded by a staggering $31.1 billion at the end of 2016 -- the biggest shortfall among S&P 500 companies.