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January 2008

Pension board offers free financial planning to participants

The United Methodist General Board of Pension and Health Benefits has announced a change in the cost for their Retirement Planning Services for 2008.

For 2008, these services will be FREE to all eligible participants in the UM Pension Plans. This year, Ernst & Young Financial Planning Services is being offered to eligible participants at no cost. In the past, this service was $99 Jan. 1 through March 31 and $149 after March 31.

Another change to this service is that participants now have unlimited phone time. In the past, this program was sold in three-hour blocks. But all this year, participants can call Ernst & Young as often as they like and spend as much time on the phone as necessary.

Ernst & Young Financial Planning Services are available to:

  • Active participants,

  • Surviving spouses, and

  • Terminated and retired participants with an account balance of at least $10,000.

Eligible participants can take advantage of this free service by calling Ernst & Young directly at 800-360-2539 from 9 a.m. to 8 p.m., EST, Monday through Friday.

Last updated on 25 Apr 2008


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