Product: Defined Benefit
Contacts: All participants who are vested in a MERS Defined Benefit Plan and missing a monthly pension beneficiary on file
Date Sent: 8/26/19 (letters and emails are being sent in batches through 9/6)
Format: Mail and Email (for those that have an email address on file with MERS)
In April, MERS began an outreach campaign to notify participants if they were missing any type of beneficiary for any of their MERS products and inform them that they now have the ability to add/edit/delete beneficiaries in myMERS.
We are continuing this campaign by focusing on participants who are vested in a MERS DB plan and missing a monthly pension beneficiary.
Participants who meet this criteria will receive a letter notification followed by an email (for those who have an email address on file) every other month for the remainder of 2019 or until they provide MERS with this information.