Metlife says it failed to pay some pensions, flags hit to reserves

Metlife says it failed to pay some pensions, flags hit to reserves

Mike Blake

When taken, however, the increase to reserves could be material to Metlife's financial results. The insurer said it would provide further disclosure on its fourth-quarter earnings call and in its annual report for 2017.

MetLife did not say how many years of missing income was owed.

The people who missed out on the payments have changed jobs, relocated or are otherwise unreachable based on currently available information, the company said, adding that it was widening its search efforts and making better use of technology.

(Reporting by Carmel Crimmins; Editing by Lisa Von Ahn)

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