NU Online News Service, Dec. 3, 2003, 12:36 p.m. EST – The Securian Retirement Services unit of Minnesota Life Insurance Company, St. Paul, Minn., has hired 55 people to service a block of about 800 401(k) retirement plans acquired from Pan-American Life Insurance Company, New Orleans.[@@]

The plans manage $580 million in assets.

Securian says it filled five of its 55 new positions with former Pan-American employees.