MassMutual Adds $243 Million Taft-Hartley Retirement Plan

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Nov 16, 2009

(Springfield, MA)- MassMutual’s Retirement Services Division has been selected by the Ironworkers District Council of Southern Ohio & Vicinity Annuity Trust as the new provider for its Taft-Hartley retirement plan. The plan has approximately $243 million in assets under management and more than 8,200 members.

The Ironworkers District Council of Southern Ohio, based in Dayton, Ohio, represents 11 local unions from Ohio, Ind., Ky., and W. Va. Its members provide skilled services as part of the International Association of Bridge, Structural, Ornamental and Reinforcing Ironworkers.

“We were proud to select MassMutual for its tailored member education program, investment flexibility, ease of transition, and professionalism,” says James Bosworth, co-chairman, Ironworkers District Council of Southern Ohio & Vicinity Annuity Trust.

“MassMutual is so pleased to welcome the Ironworkers District Council of Southern Ohio as a valued new Taft-Hartley retirement services client, and we look forward to helping its hard-working members plan and save for retirement,” says Scott Buffington, national sales manager for MassMutual’s Taft-Hartley market segment.

MassMutual has been serving the Taft-Hartley retirement plan market for more than 30 years.For more information about MassMutual’s Taft-Hartley retirement services, please contact your retirement advisor or contact Ken Pouch at MassMutual, (413) 744-5523 or (888) 626-4911.

About MassMutual

MassMutual’s Retirement Services Division has been serving retirement plans for more than 60 years. It offers a full range of products and services for corporate, union, nonprofit and governmental employers' defined benefit, defined contribution and nonqualified deferred compensation plans. It serves approximately one million participants.

Founded in 1851, MassMutual is a leading mutuallife insurance companythat is run for the benefit of its members and participating policyholders. The company has a long history offinancial strengthand strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the 1860s. Withwhole life insuranceas its foundation, MassMutual provides products to help meet the financial needs of clients, such aslife insurance,disability income insurance,long term care insurance,retirement/401(k) plan services, andannuities. In addition, the company’s strong and growing network of financial professionals helps clients make good financial decisions for the long-term.

MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, Inc., memberFINRAandSIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.

News Source : MassMutual Adds $243 Million Taft-Hartley Retirement Plan