PO throws out 'reasonable expectation' claim against GE Scheme

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The Pensions Ombudsman (PO) has dismissed a pensioner complaint against the GE Scheme after it stopped discretionary increases to inflation.

In 2010, the company and the trustee of the GE Pension Plan and the GE Supplementary Pensions Scheme put a halt on discretionary inflation rises for certain members on benefits accrued before April...

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