3M

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3M Employee Retirement Income Plan Overview

Type
Private Sector Pension Fund

General Information

The 3M Employee Retirement Income Plan (ERIP) is a U.S. defined benefit pension plan offered by 3M to its employees, providing retirement benefits. 3M has been transitioning from this pension structure to a 401(k) plan, with the pension plans for non-union U.S. employees set to freeze by December 31, 2028. In 2024, 3M transferred a significant portion of its pension payment obligations and related assets for retirees to an insurance company.

Contact Information

Year Founded:

Investment Focus & Strategy

Open To First Time Funds:
Institution Type:
Private Sector Pension Fund

Leadership & Principals

Corporate Office:

Portfolio & Notable Allocations

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