Investment bank Citigroup will pay travel expenses for employees seeking abortions.
Citigroup wrote in a financial filing for its shareholders’ meeting next month that “in response to changes in reproductive healthcare laws in certain states in the U.S., beginning in 2022 we provide travel benefits to facilitate access to adequate resources.”
The statement appeared in a section entitled “Compensation and Human Capital Management Highlights” — one paragraph below an affirmation that Citigroup believes “all parents deserve time to adjust to parenthood and bond with the newest member of their family.”
A person with knowledge of the matter told Bloomberg that the policy will cover expenses — such as airfare and lodging — that may be incurred for employees in places like Texas who may have to travel for an abortion. Bloomberg also pointed out that other large corporations — including Match, Bumble, Lyft, and Uber — are devoting resources to oppose the Texas Heartbeat Act, which attempts to ban abortion at about six weeks gestation.
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