3m transfers a portion of u.s. pension payment obligations

St. paul, minn. , june 13, 2024 /prnewswire/ -- 3m (nyse: mmm) announced that it purchased a group annuity contract and will transfer a portion of its u.s. pension payment obligations under the 3m employee retirement income plan (erip) to metropolitan tower life insurance company (met tower life), an insurance company.
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