MetLife’s $220M Deal Shows Risk In Losing Track Of Retirees

MetLife’s $220M Deal Shows Risk In Losing Track Of Retirees

06/14/19

A $220 million settlement with MetLife Inc. secured by the New York Department of Financial Services on Monday marked the latest episode in the fallout over the insurer’s failure to adequately notify almost 30,000 retirees of their eligibility for retirement benefits over the course of 25 years.

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