ML912, Deferred Vested Benefits—Explanation
Enclosed is a Notice of Potential Private Pension Benefits containing the information
you requested. This is the only pension information in our files.
When a person leaves a job covered by a private pension plan before retirement age,
but has earned a right to future pension benefits under the plan, such benefits are
vested benefits.” We maintain this information about persons who have deferred vested benefit rights
with private pension plans. We give this information to these persons (and their dependents
or survivors) upon request, or automatically when they apply for Social Security benefits.
We have information about a participant's rights under a pension plan only after he
or she either:
Stops working under the plan, or
Has had a break in service of a specified period within the plan.
Plan Administrators have up to 7 months after the close of the plan year to file a
deferred vested rights report. This information should be available in our records
about 15 to 18 months after the end of the plan year.
The information we gave you applies only to deferred vested benefit rights under private
pension plans. It does not apply to your Social Security earnings record nor any Social
Security benefits to which you may be entitled.
Please contact the Plan Administrator listed in the notice to apply for any benefits
which may be due, or for any additional information.
We apologize for the delay in answering your letter.
||(Name of Director)
Director, Office of