Product: Retiree Health Funding Vehicle (RHFV)
Date Sent: 6/2/2021
MERS will conduct a plan reset that will reallocate all RHFV assets to the Total Market Fund effective June 24, 2021, unless the employer opts out of the reset. In addition, changes are being made to the investment options available on the RHFV investment menu, effective June 24, 2021.
To ensure the number of shares remains stable during the asset transfer, there will be a quiet period from June 22 through June 29 for all RHFV plans.
Sample: A copy of the email can be found here.