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CIGNA Improves Pension Communications

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NU Online News Service, Feb. 20, 10:19 a.m. – CIGNA Corp., Philadelphia, says it is trying to educate workers about the value of their defined-benefit pension plans by improving plan communications tools.

CIGNA has added a retirement-benefit calculator tool to its Web site.

The company has also redesigned its participant statements for the defined-benefit plans it manages to give more information about the benefits that participants have already earned and might earn in the future.

The company’s automated telephone information system has added 24-hour access to detailed information about benefit payments and tax-withholding levels.