Product: MERS Defined Benefit and Hybrid
Contacts: Approx. 200 deferred participants who recently received a letter in error stating they are currently eligible or will be eligible in the future to receive a DB benefit
Date Sent: August 1, 2019
Description: MERS recently sent an annual notification to all deferred DB participants who are currently eligible or will be eligible in the future to collect a pension based on meeting their previous employer's service requirements.
Upon review, approximately 200 participants received this letter in error, and are not eligible now, and will not be eligible in the future, to collect a pension from the employer indicated in their letter.
A follow up letter to those affected participants explaing the issue was mailed on 8/1/2019.
Sample: A sample letter is attached.