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Minnesota

in2herbs

(2,945 posts)

5. Boeing cut its life insurance benefit for retirees about 6 years ago. Read a week or so ago that

Reply to TexasTowelie (Original post)

Fri Jun 21, 2019, 07:20 PM

Jun 2019

Boeing has given its retiree pension plan over to an insurance company who is funding it with annuities. I figure in about 10 years Boeing retirees and those who are already receiving a Boeing pension will be given the option of a buy out (which will favor the company) or nothing.

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Highlight:

3M slashes life insurance payouts for retirees [View all] TexasTowelie Jun 2019 OP

so will 3m give back 50% of the premiums theyve collected? nt msongs Jun 2019 #1

MAX was.. $15,000 !! What in the world would even that buy?? pangaia Jun 2019 #2

Average funeral cost in the nation is about $10,000. trev Jun 2019 #4

3M probably pays for this insurance...a benefit that's under pressure too from companies... SWBTATTReg Jun 2019 #3

Boeing cut its life insurance benefit for retirees about 6 years ago. Read a week or so ago that in2herbs Jun 2019 #5