According to the U.S. regulatory filing, his salary for 2011 was $3.3 million, which was same in 2010 and he also had a cash bonus of $4 million. In addition, he will receive 250,000 performance stock units.
In 2008 and 2009, he had declined to accept bonus following the underperformance of the shares of GE.
His pension value saw an increase of $10.25 million, according to the filing with the Securities and Exchange Commission. Excluding the rise in value of pension, the compensation of Immelt is nearly 25 percent down in 2011 at $11.4 million.
The net income of GE rose by 22 percent in 2011 to $14.15 billion compared with $11.64 billion for 2010.


![Miss USA 2013: Meet The 51 Contestants Competing In The Beauty Pageant [PHOTOS] Miss USA 2013: Meet The 51 Contestants Competing In The Beauty Pageant [PHOTOS]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_multimedia/public/2013/06/13/miss-usa-contestants_14.jpg)


![Stephen Hester Ousted As Royal Bank Of Scotland (RBS) CEO Following Bank's Talks With UK Treasury [VIDEO] Stephen Hester Ousted As Royal Bank Of Scotland (RBS) CEO Following Bank's Talks With UK Treasury [VIDEO]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_medium/public/2013/06/12/rtr3dngo.jpg)
![Hong Kong House Prices Shoot Up, Greek House Prices Plummet [MAP] Hong Kong House Prices Shoot Up, Greek House Prices Plummet [MAP]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_medium/public/2013/06/11/knight-rank-house-prices.png)


![Turkish Riot Police Enter Taksim Square: Riot Police Clash With Protesters In Attempt To Break Up Protests [PHOTOS] Turkish Riot Police Enter Taksim Square: Riot Police Clash With Protesters In Attempt To Break Up Protests [PHOTOS]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_medium/public/2013/06/11/protester-taking-cover.jpg)
![Flooding In Europe: Floods In Germany, Austria, The Czech Republic, Hungary And Slovakia In Pictures [PHOTOS] Flooding In Europe: Floods In Germany, Austria, The Czech Republic, Hungary And Slovakia In Pictures [PHOTOS]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_medium/public/2013/06/11/flooding-europe-billboard.jpg)
![Robin Thicke Credits Justin Timberlake For Success Of Chart Topping Single 'Blurred Lines' [VIDEO] Robin Thicke Credits Justin Timberlake For Success Of Chart Topping Single 'Blurred Lines' [VIDEO]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_multimedia/public/2011/11/21/193689-singer-robin-thicke-poses-backstage-at-the-2011-american-music-awards-.jpg)











![Apple iOS 7: New Features Dazzle At WWDC 2013, Designed To 'Bring Order To Complexity' [PHOTOS] Apple iOS 7: New Features Dazzle At WWDC 2013, Designed To 'Bring Order To Complexity' [PHOTOS]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_small/public/2013/06/10/iphone5-ios-7.jpg)

![Unpaid Intern Lawsuit Against Atlantic Records And Warner Music Group Tests Legality Of Music Industry Internships [EXCLUSIVE] Unpaid Intern Lawsuit Against Atlantic Records And Warner Music Group Tests Legality Of Music Industry Internships [EXCLUSIVE]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_small/public/2013/06/17/wmg.jpg)





Like or Follow us for updates on the biggest stories!