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Derisking with Lump Sum Payments: Participant Disclosure
Trucker Huss Link to more items from this source
Apr. 1, 2016
"The employee communication [reproduced in this article] is designed to help participants who have separated from employment, but who have not yet begun to receive their pension, make an informed decision when presented with the opportunity, during a lump sum window (referred to in the communication as a 'Special Election'), to receive an immediate lump sum payment or to commence immediate annuity payments. Such an employee communication would supplement (not replace) legally required communications distributed as part of the normal benefit election process."

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