This is to let you know about a post card reminder that has mailed to all Deferred Compensation Program participants and Plan 3 members who remain invested in the funds that were discontinued after September 23. The post card mailed on October 7 and reminds customers to be sure to review their investments and take necessary action. They have until October 28 to move money out of a discontinued fund/s. If they have not moved out of the discontinued funds by October 28, they will be defaulted into a Retirement Strategy Fund based on their birth year and an assumed retirement at age 65.
If your employees contact you with questions, here are two important things to know:
If you have any questions regarding this DRS Notice, please contact Employer Support Services at 360-664-7200, option 2, or 800-547-6657, option 6, option 2 or e-mail us.
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