American Maritime Officers Plans is pleased to announce that, effective Jan. 1, 2003, Putnam Investments will be the new record keeper for the American Maritime Officers 401(k) Plan and the self-directed portion of the Money Purchase Benefit Fund. With 65 years of investment experience, Putnam has a proven track record of high-quality client service and successful money management. Putnam is also the largest provider of recordkeeping services for collectively bargained savings plans in the country and has a dedicated team providing service to participants in those plans.
Please consider the following schedule if you would like to make withdrawal and distribution requests, loan requests, fund transfers and allocation changes during the transition period:
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Now
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Putnam customer service representatives are available to answer questions about the transition period and your investment choices. Call 1-877-864-6644 between 8 a.m. and 10 p.m. Eastern Time
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October 2002
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Educational kits distributed to members
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October and November 2002
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Online informational meetings to discuss upcoming transition to Putnam
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December 13, 2002
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Final day to call Dreyfus to request final distributions or loan packages
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December 20, 2002 by 4 p.m.
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Deadline for processing final distributions, loan distributions and withdrawals through Dreyfus
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December 23, 2002
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AMO Plans to process final contributions to Dreyfus. All contributions after this date will go to Putnam
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December 26, 2002 by 4 p.m.
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Deadline for fund transfers and future investment allocation changes. After this time, no account transactions will be allowed until the transition is over in early February
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January 2, 2003
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All plan assets transfer to Putnam
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Early February
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Transition period is complete! You receive by mail your personal identification number (PIN) and an easy-to-use guide for full account access through Putnam On Call at 1-877-864-6644 and the plans' Web site at http://www.ibenefitcenter.com 24 hours per day, seven days per week
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AMO members can call Putnam on any business day between 8 a.m. and 10 p.m. Eastern Time to speak with a Putnam representative. The toll-free number is 1-877-864-6644. If you call before February, remain on the line and wait for a representative. Please let the representative know that your plan is in the process of converting to Putnam. He or she can assist you with your questions regarding changes to the plans and your new investment options.
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