In an effort to drive awareness of its electronic prospectus delivery option among retirement plan
sponsors and participants, MassMutual's Retirement Services Division is
collaborating with The Conservation Fund's Go Zero(SM) program to help address
two of the world's most pressing environmental issues -- climate change and
habitat loss.
SPRINGFIELD, Mass., Oct. 17 /PRNewswire/ -- In an effort to drive
awareness of its electronic prospectus delivery option among retirement plan
sponsors and participants, MassMutual's Retirement Services Division is
collaborating with The Conservation Fund's Go Zero(SM) program to help address
two of the world's most pressing environmental issues -- climate change and
habitat loss. Effective immediately, for every plan sponsor who replaces paper
delivery with e-prospectus delivery, MassMutual will make a donation to The
Conservation Fund to plant a tree in a protected forest on their behalf.
E-prospectus delivery enables all MassMutual plan sponsors and
participants to receive the most up-to-date prospectus information while
minimizing the impact of paper usage on the environment. "The Conservation
Fund applauds MassMutual for encouraging its customers to make simple choices
that will help reduce paper consumption and restore wildlife habitat," said
Jena Thompson, The Conservation Fund's director of Go Zero. "As trees grow,
they will help trap carbon dioxide, restore critical wildlife habitat and
enhance recreation areas. Together, we can help protect and restore a land and
water legacy for current and future generations," adds Thompson. The
Conservation Fund has been rated the nation's top environmental nonprofit,
receiving an "A+" rating from the American Institute of Philanthropy for six
years in a row.
By electing e-prospectus delivery, each time an investment change takes
place for a MassMutual retirement plan - or a participant makes an investment
change - the plan sponsor and/or participant will receive an e-mail
notification with a link to the most recent prospectus. "The paper prospectus
represents a significant cost in terms of trees, paper, postage and the
overall impact on the environment and wildlife. Electronic prospectus is an
alternative whose time has come and we're pleased to make it a simple choice
for our customers," says Ian Sheridan, corporate vice president and chief
marketing officer for MassMutual's Retirement Services Division.
To sign up for electronic prospectus delivery, plan sponsors and
participants should log into their dedicated section of the MassMutual Web
site at http://www.massmutual.com/retire. For more information on The
Conservation Fund, please visit http://www.theconservationfund.com.
About MassMutual
MassMutual's Retirement Services Division has been serving retirement
plans for more than 60 years. It offers a full range of products and services
for corporate, union, nonprofit and governmental employers' defined benefit,
defined contribution and nonqualified deferred compensation plans. It serves
approximately one million participants.
MassMutual Financial Group is the fleet name for Massachusetts Mutual Life
Insurance Company (MassMutual) [of which Retirement Services is a division]
and its affiliates, with more than $450 billion in assets under management at
year-end 2006. Assets under management include assets and certain external
investment funds managed by MassMutual's affiliates.
Founded in 1851, MassMutual is a mutually owned financial protection,
accumulation and income management company headquartered in Springfield, Mass.
MassMutual's major affiliates include: OppenheimerFunds, Inc.; Babson Capital
Management LLC; Baring Asset Management Limited; Cornerstone Real Estate
Advisers LLC; MML Investors Services, Inc., MassMutual International LLC and
The MassMutual Trust Company, FSB. MassMutual is on the Internet at
www.massmutual.com.
Securities offered through registered representatives of MML Investors
Services, Inc., a MassMutual subsidiary. MML Investors Services, Inc., member
FINRA and SIPC (www.finra.org and www.sipc.org)
The HR industry´s premier online community and resource for Human Resource professionals: HR, human resources, HR community, human resources community, HR best practices, best practices in human resources, online communities for HR, HR articles, HR news, human resources articles, human resources news, HR events, leadership, performance management, staffing and recruitment, benefits, compensation, staffing, recruitment, workforce acquisition, human capital management, HR management, human resources management, HR metrics and measurement, organizational development, executive coaching, HR law, employment law, labor relations, hiring employees, HR outsourcing, human resources outsourcing, training and development
hr.com.
human resources management resources for hr professionals. |
HR menus
|
HR events
|
HR Sitemap