TN 2 (06-96)

NL 00901.010 ERISA Notice

A. BACKGROUND

In 1979, the Social Security Administration (SSA) began providing notices of potential private pension eligibility to title II applicants as required by the ERISA Act of 1974.

The Wilkes Barre DOC keys information from the Schedule A of Form 5500, Annual Return/Report of Employee Benefit Plan, sent to SSA by the Internal Revenue Service to create the Private Pension Employer Master File (PPEMF). Once a month, SSA matches the file of applicants for Social Security benefits against the PPEMF. When a match occurs, SSA sends the Form SSA-L99-C1 to persons potentially eligible for private pensions. Also, upon request, SSA will provide an SSA-L99-C1 to those potentially eligible for private pensions.

B. EXHIBIT

Social Security Administration

Potential Private Pension Benefit Information

 

                                                                     Social Security Number

 

                                                                      Name

 

We are writing to tell you that you, or the worker whose Social Security number appears at the top of this form, MAY be entitled to some private pension benefits upon retirement. Also, your family, or the worker's family, may be entitled to retirement or survivor benefits.

 

These Are Not Social Security Benefits

 

These potential benefits are NOT Social Security benefits and we do not make any decisions about the payment of these benefits. The following provides some basic information about these private pension benefits.

 

Information About Pension Benefits

 

You have, or the worker has, earned pension rights although no longer employed in a job covered by the pension plan. These are called “deferred vested benefits.” Private pension plan administrators must provide information about such benefits to us through the Internal Revenue Service. We provide this information about the pension plan when the individual asks for it or when a claim is filed for Social Security benefits.

 

If You Want to Apply for These Benefits

 

If you want to apply for these pension benefits or have any questions, you should contact the pension Plan Administrator shown below. Include the 9 digit identification number shown below and a copy of this notice when you write to the Plan Administrator.

 

Plan Name                                 Plan Number

 

                                                    Identification Number

 

                                          Year Reported   Estimated Amount

 

Plan Administrator and Address           Type of Annuity  Payment Frequency

 

                                         Units or Share  Value of Account

IMPORTANT: This is all the information we have. See the other side of this page for an explanation of this information

For SSA Use Only:                               Form SSA-L99-C1 (1-91) (Front)

EXPLANATION OF INFORMATION

YEAR
REPORTED
This is the year for which the Plan Administrator reported the pension plan information to the Internal Revenue Service.
ESTIMATED
AMOUNT
This is the Plan Administrator's estimate of pension benefits that may be paid at the normal retirement age. The actual method and/or amount of payment may differ because of benefit options you select or changes in the plan itself.
TYPE OF
ANNUITY
The code listed identifies the type of annuity to be paid. It is based on the type of annuity in use under the plan at the time the worker stopped working under the plan.
 
A

A single payment of a lump sum

B

Annuity payable over a fixed number of years

C

Life annuity

D

Life annuity with period certain

E

Cash refund life annuity

F

Modified cash refund life annuity

G

Joint and last survivor annuity

M

Other (Type of annuity not reported)

PAYMENT
FREQUENCY
The code listed shows how often payments will be made during a 12 month period.
 
A

Lump sum

B

Annually

C

Semi-annually

D

Quarterly

E

Monthly

M

Other (Payment frequency not reported)

UNITS OR
SHARES
If the pension amount is based on units, the number of units credited will be shown. If the pension amount is based on shares of stock, the number of shares will be shown followed by “S” to indicate shares.
VALUE OF
ACCOUNT
If shown, this indicates the value of the account at the time the worker stopped working under the plan.

OTHER IMPORTANT INFORMATION

WRONG
ADDRESS OR
COMPLAINTS
If the pension plan address on page 1 proves to be wrong, or if you have a complaint about your claim for private pension benefits, you should contact the local office of the Department of Labor's Pension and Welfare Benefits Administration that is listed in your local telephone directory. If there is no listing in the local directory, you should write to the Department of Labor, Pension and Welfare Benefits Programs, Room 4659, 3rd Street and Constitution Avenue N.W., Washington, DC 20216.

                                 Form SSA-L99-C1 (1-91)(Back)


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0900901010
NL 00901.010 - ERISA Notice - 05/03/2006
Batch run: 01/27/2009
Rev:05/03/2006