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local lodge 478 News  Settled Suit Brings Benefits for Rail Workers10/29/2002The Kansas State Treasurer and the Metropolitan Life Insurance Company settled a federal lawsuit that could affect the families or heirs of tens of thousands of deceased railroad workers nationwide. In an agreement reached earlier this month, MetLife agreed to set up a program to notify railroad workers and their families who might be eligible for a $2,000 death benefit under certain MetLife group life policies. The unpaid benefit, which was included in certain contracts between railroads and labor unions as far back as 1966, covered workers at 20 rail unions, including the IAM. Information regarding the settlement can be found at www.goiam.org/territories.asp?c=3676. Additionally, MetLife has agreed to publish notices in federal Railroad Retirement Pension Board newsletters and on state insurance department Internet sites.
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Last modified: 3/4/2004 Copyright 1996-2001, The International Association of Machinists and Aerospace Workers |
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