Product: Defined Benefit
Contacts: All participants who are vested in a MERS Defined Benefit Plan and no longer work for their employer, but have not yet reached retirement age
Date Sent: Beginning on 10/19/2021 (letters will be sent in batches)
Each year, MERS sends a letter to vested Defined Benefit participants who no longer work for their employer, but have not yet reached retirement age. This letter informs recipients of their deferred status and outlines expectations that MERS will contact them again each year, as well as 60-90 days prior to their retirement date. Participants are reminded to keep their information updated with MERS.