MetLife Overview
Metropolitan Life Insurance Company, a wholly-owned subsidiary of MetLife, Inc., founded in New York in 1868, is the largest life insurance company in the United States, and a leading provider of financial services to millions of individuals and institutional clients, including 88 of the top 100 FORTUNE 500© companies. MetLife products and services include retirement plans and related services; investment management and advisory services; and life, disability, vision, dental, auto, and homeowners insurance. Ranked 60th on Forbes Global 2000, a comprehensive list of the world’s biggest and most powerful companies, MetLife, Inc. is one of the most financially secure companies in the world with total assets surpassing $537 billion.
MetLife was the first financial firm to offer a company-sponsored pension plan and has been providing investment management to plan sponsors since 1950 and record keeping services since 1970. We have extensive experience as a retirement services provider, with more than $38 billion in retirement assets encompassing over 28,000 plans and nearly 1.5 million participants.
Important MCPS Contract Information
On January 1, 2007 MetLife Resources began offering the Mutual Fund Select Portfolios contract. Contributions to all other contracts were suspended. MCPS employees are permitted, but not required, to exchange their former MetLife/CitiStreet annuity contract assets into their Mutual Fund Select Portfolio account without any surrender charges applying. Employees that do not consolidate their accounts will receive two quarterly statements.
How To Open An Account and Begin Contributing
Employees must contact MetLife Resources to schedule a meeting with one of the representatives listed to establish an account(s). Once MetLife Resources has confirmed your account is established you may submit a Salary Reduction/Deferral Agreement to MCPS to begin your contributions.
Forms and Documents
Application |