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The Wall Street Publication > Blog > Business > AT&T Slashed Promised Life Insurance for Former Workers—and Time Runs Out at Year-End
Business

AT&T Slashed Promised Life Insurance for Former Workers—and Time Runs Out at Year-End

Editorial Board Published December 26, 2021
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AT&T Slashed Promised Life Insurance for Former Workers—and Time Runs Out at Year-End
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When Dean Allison left his job as a property manager at AT&T in 1998, the company offered an incentive to retire: a payment of at least $63,000 upon his death.

He took the deal, figuring the money would someday help his wife cover funeral expenses, pay outstanding bills and have more to live on.

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