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Retiree Community

2009 Retirement Program Changes

3M is proud to provide a comprehensive and valuable retirement program, which includes the 3M Retiree Medical Plan. Beginning January 1, 2009, you will have expanded choices for your retiree medical coverage.

There is no immediate action required, and no need to call the 3M FIRST Line Center.

What is Changing

While the new options will not take effect until 2009, we wanted to share a broad overview with you at the earliest possible date.

Be sure to note:

  • You may find a more cost-effective option. The new medical coverage options (described in the Brochure) may offer you and your eligible dependents a more cost-effective alternative to what you have today.
  • Your current coverage remains. It is not going away, and there is no need to change for 2009 — unless you want to. If you take no action, your current coverage will continue in 2009, at 2009 rates.
  • No immediate action is required. The new options take effect January 1, 2009, and you will receive more details in a future issue of 3M Retiree Connections.
  • Your Pension Plan benefit remains unchanged. There will be no pension increase in 2008 for retirees receiving benefits from U.S. Pension Plans.

How to Learn More

Details about the changes are described in the printed brochure that was sent to your home. You can also view the brochure by choosing the appropriate link in the 2009 Retirement Program Changes Brochures to the right.

You’ll also learn more about the new retiree medical options in future issues of 3M Retiree Connections.

2009 Retirement Program Change Brochures

Choose the appropriate link from the right to view the 2009 Retirement Program Changes Brochure to learn more about the changes we are making to the 3M Retiree Medical Plan.


1 This brochure is prepared for 3M retirees who were participating in Portfolio I at the time of retirement and are Medicare-eligible.

2 This brochure is prepared for3M retirees who were participating in Portfolio I at the time of retirement and are non-Medicare eligible or Medicare-eligible but have atleast one eligible dependent who is non-Medicare eligible.

3 This brochure is prepared for 3M retirees who were participating in Portfolio II at the time of retirement and are Medicare-eligible.

4 This brochure is prepared for3M retirees who were participating in Portfolio II at the time of retirement and are non-Medicare eligibleor Medicare-eligible but have atleast one eligible dependent who is non-Medicare eligible.

Portfolio I

Portfolio I:
This portfolio applies to the following U.S. eligible employees who retired under the 3M Pension Plan:

- Those who retired before January 1, 2001.

- Those who were hired or rehired before January 1, 2001, but retired after that date, and who elected Portfolio I during the employee choice window.

Medicare-eligible:
Generally, you are eligible for Medicare if you are age 65 or older, or if you receive Medicare disability benefits, regardless of your age.

Non-Medicare eligible:
Unless you have a Medicare disability, you are generally non-Medicare eligible while you are under age 65, even if you retire earlier than that age.

Medicare-eligible Brochure 1
(PDF, 1.55 MB)

Non-Medicare eligible Brochure 2
(PDF, 1.74 MB)

Portfolio II

Portfolio II:
This portfolio applies to the following U.S. eligible employees who retired under the 3M Pension Plan:

- Those hired, rehired or acquired on or after January 1, 2001.

- Those hired or rehired before January 1, 2001, but retired after than date, and elected Portfolio II during the employee choice window.

- Those who transferred to the U.S. after December 31, 2000, from a subsidiary outside the United States.

Medicare-eligible:
Generally, you are eligible for Medicare if you are age 65 or older, or if you receive Medicare disability benefits, regardless of your age.

Non-Medicare eligible:
Unless you have a Medicare disability, you are generally non-Medicare eligible while you are under age 65, even if you retire earlier than that age.

Medicare-eligible Brochure 3
(PDF, 1.53 MB)

Non-Medicare eligible Brochure 4
(PDF, 1.82 MB)

Retirees who joined 3M as a result of an acquisition or who worked for a 3M subsidiary may or may not be eligible for the retirement benefits listed on this Web site and/or described in the brochures.

Resources

Contact Information
Service Representatives
(888) 611-5500 (toll free)

Monday - Friday,
8 a.m. - 6 p.m. CDT

Extended hours
(March 31 to April 11, 2008)

Monday - Friday,
8 a.m. - 8 p.m. CDT