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Friday, April 25, 2014

Sounds important -another Trimet screw up

BENEFICIARY INFO NEEDED ON EMPLOYEE RETIREMENT PLANS 
When TriMet switched over to ICMA-RC, our current retirement management provider, the previous providers did not send any employee beneficiary information. All employees who switched over to ICMA-RC two years ago need to fill out a change of beneficiary form, if you haven’t already done so.  Anyone who enrolled with ICMA-RC directly after August 2012 would have chosen a beneficiary when they filled out the enrollment form. If you are wondering about what beneficiary information is listed on your account, you should check page four of the latest statement received or call 1-800-669-7400, use 0#, 0#, 1# to speak to a live person right away. ICMA-RC did mail out a reminder letter to all participants that did not have beneficiaries listed. Questions about pension/retirement? Contact Windy Graham at GrahamW@trimet.org.

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