What happened to General Instruments Pension plan after they were purchased by Motorola?

Answer 1

After General Instruments was acquired by Motorola in 2000, the pension plan's future became uncertain. Motorola opted to freeze the General Instruments pension plan in 2001, which meant that no new benefits would accrue for the employees who were part of that plan. This decision led to significant changes for many employees, as they had to transition to different retirement savings options provided by Motorola. The freeze was part of a broader trend at the time, where many companies were re-evaluating their pension obligations.