The “modern” history of RJR’s retirement funds begins about 1949 when Reynolds was making annual, and increasing, contributions.[i] We will examine that history through 1988 when the Leveraged Buyout occurred. This 40-year history illustrates many of the changes that American companies made in their employee benefit plans. The chart below is a broad sketch of RJR’s plans in those years. It will serve as a framework for future posts.
Well done.