General Electric Co. v. United States

OPINION

NANCY B. FIRESTONE, Judge.

Pending before the court are the parties’ cross-motions for partial summary judgment regarding the treatment of Pay-As-You-Go (“PAYG”)1 post-retirement benefit (“PRB”)2 *801costs following the 1993 closing of two business segments formerly held by the plaintiff, General Electric Company (“GE”): GE Aerospace (“GEA”), and GE Machinery Apparatus Operation (“MAO”). This is the fifth decision in this case.3 At this stage, the court addresses whether GE’s PAYG PRB costs are to be included as part of the segment closing adjustments for pension costs required for each of…