3M freezes pension for nonunion employees in 2028

By the conclusion of 2028, 3M, the company headquartered in Maplewood, will implement a cost-saving strategy of ceasing the pension plans for nonunion American employees. 3M began moving towards a 401 (k) retirement plan in 2009 when it cut off new employees and rehired US pension plans. The company stated that less than 9000 active […]

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