3M Retiree Welfare Benefit Plan

3M Retiree Welfare Benefit Plan is a corporate pension based in Saint Paul, Minnesota. Established in 1971, the plan covers U.S.-based regular full-time, part-time, and retired employees of 3M Company. It includes two trusts, the 3M Employees Welfare Benefits Association Trust I and Trust III, with Trust I comprising separate sub-trusts for union and non-union participants. The assets are managed by the executive management team.