ERISA Services, Inc.
Plumbers Local Union No. 1 Benefit Funds
Loren D. Stark Company
Trucker Huss, A Professional Corporation
Carpenter Morse Group
RTD Financial Advisors
Retirement Plan Consultants
Hochheiser Deutsch & Co, Inc.
Bates & Company
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|Options for Missing Beneficiary|
BenefitsLink Message Boards
Apr. 6, 2021
"An ongoing governmental defined benefit plan provides a death benefit. In some cases, the sponsor is  unable to contact a beneficiary but believes they have the beneficiary's correct information,  is unable to identify the correct beneficiary at all, or  is unable to obtain a name, address, valid SSN, etc. for someone they believe may the correct beneficiary. Assume no relevant state law, no representative has qualified on the estate, and that the sponsor has conducted a diligent and reasonable search under the circumstances. Under scenario (1), I believe they could forfeit the death benefit subject to reinstatement, force an IRA rollover, or possibly escheat. What are valid options under scenarios  and (3)?"
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