Massachusetts securities regulators have begun aninvestigation into MetLife's failure to pay thousands of workers'pensions.

In a filing made Dec. 15 Friday, MetLife disclosed that itfailed to pay monthly pension benefits to workers within itsretirement business unit. MetLife reported that it is in theprocess of trying to locate pensioners to whom it has failed to paymonthly pensions. MetLife states in its filing those pensioners“have moved jobs, relocated, or otherwise can no longer bereached.”

The disclosure by MetLife does not state the exact number ofretirees who are impacted, what efforts MetLife has made to findcorrect addresses, how long the problem has been going on, or whenand how MetLife learned of the problem.

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