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MNPS Announces Changes to its Employer Sponsored Retirement Plan


ANNOUNCEMENT:  MNPS 403(b) termination notification


Metro Nashville Public Schools (MNPS) announced changes to its employer sponsored retirement plan. All 403(b) plans have been terminated. That includes the most recent MetLife plan and older plans set up before 2009. A deadline of March 1, 2017, was set to submit paperwork related to the options selected by the individual owner of the 403(b) plan.

We wanted to alert members who may still have their retirement plans in MNPS sponsored 403(b) plans and who may be affected by this announcement. This termination affects both current employees, past employees, and retirees. Retirees, please note, this does not affect your TCRS, just the supplemental funds saved in the 403(b) plan.

Nothing is more important than helping you build and protect a financial future that is uniquely yours. I am here to help you understand the options you may be facing during this transition as well as help you with any necessary paperwork.

Not all retirement plans are the same. Learn which options are best for your future.

As a Financial Advisor with The Tennessee Investment Services located at The Tennessee Credit Union, I would be pleased to help you consider all the options available to you. I can also help you complete the paperwork that is due by March 1, 2017.

For your convenience during this short period before the deadline, we can schedule phone appointments or meet in person if you reside or work near a TTCU branch in Nashville. Also, if a friend or colleague is affected by this change and would benefit from a discussion with me, please pass my contact information along to them. Individuals do not have to be a member of TTCU to speak with me.

Our objective is to help you work to pursue financial independence with confidence from an informed position. I look forward to hearing from you.

With personal service,

Bethel Coleman
Financial Advisor
The Tennessee Investment Services
located at The Tennessee Credit Union
phone: (615)780-7803

Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC , a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members.

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