Audience: Participant

Product: Hybrid, Defined Contribution, 457 Program, HCSP, IRA

Contacts: All participants with a balance in a participant directed account, including MERS Hybrid Plan, Defined Contribution Plan, 457 Program, Health Care Savings Program and IRA.

Date Sent: 3/18/2021

Format: Email and Print Mail

Description: Participants were notified that three target risk portfolios will be removed from the MERS investment menu effective 6/24/2021:

  • MERS Capital Appreciation Portfolio (80% stocks/20% bonds)
  • MERS Balanced Income Portfolio (40% stocks/60% bonds)
  • MERS Capital Preservation Portfolio (20% stocks/80% bonds)

Read a sample of the notification to participants.