Metlife to provide annuity benefits to nearly 5,200 weyerhaeuser retirees and beneficiaries

New york--(business wire)--metlife, inc. announced today that its subsidiary, metropolitan tower life insurance company, has entered into an agreement with weyerhaeuser company (weyerhaeuser) to provide annuity benefits to nearly 5,200 retirees and beneficiaries in weyerhaeuser's defined benefit (db) pension plan, representing pension obligations of approximately $765 million. “we are pleased to have been selected to provide guaranteed lifetime income to these weyerhaeuser retirees and benefici
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