The Pension Protection Act of 2006 requires the University of Miami to provide an Annual Funding Notice to all participants of the Employees’ Retirement Plan (ERP). The Annual Funding Notice reports the funded status of the ERP for plan years 2015 and 2016, describes how the plan assets are invested, and outlines the benefits that are guaranteed by an agency of the federal government called the Pension Benefit Guaranty Corporation (PBGC). This notice is provided for informational purposes only. No action is required on your part.
If you have any questions, please refer to the Frequently Asked Questions (FAQs) and a Glossary of Terms or email the HR-Benefits team by completing the online form.