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3M’s Unfunded Pension Funds: Analyzing the Trend

Peter Neil
3M’s Unfunded Pension Funds: Analyzing the Trend

The company has more than 75 defined benefit plans in 27 countries. 3M’s pension benefit plans are calculated based on an employee’s years of service, compensation, and age at the point of retirement. 3M closed its primary defined pension benefits plan to new participants effective January 1, 2009.