27 Miss. Code. R. § 210-41-103 - Guidelines
The Deferred Compensation Registered Representatives will work within the following marketing guidelines set forth by PERS.
1. PERS has the authority over coordination
of the Deferred Compensation marketing effort.
2. The employer has the ultimate
responsibility for informing each employee of his/her eligibility for the
Deferred Compensation Plan. The Deferred Compensation Administrator will assist
in meeting this requirement through group meetings sponsored by the employer
and conducted by the Deferred Compensation Administrator. Representatives of
the Plan will be available for these group meetings and/or additional meetings
as requested by the employer or PERS.
3. Each eligible employer may provide the
Deferred Compensation Administrator with the name(s) or the contact person(s)
by department or location. In turn, the Deferred Compensation Administrator
will provide the employer contacts with the names of their respective Deferred
Compensation Registered Representatives.
4. The PERS executive director may provide
the Deferred Compensation Administrator with contact, wages, date of birth, and
other sensitive personally identifiable information for eligible PERS members,
provided the Deferred Compensation Administrator signs a statement that any
information provided by PERS with regard to its members must be kept
confidential and will not be shared with or released to any third party or used
in any way except for the express purposes of presenting information to and
enrolling employees in the Deferred Compensation Plan.
5. The Deferred Compensation Administrator's
representatives may contact eligible employers and employees through brochure
distribution, mail-outs, email, at employer sponsored meetings, or through
other approved communications.
6.
Gifts or any other monetary award or gratuity to employees or employers under
the Deferred Compensation Plan contract are strictly prohibited.
7. No products other than PERS authorized
Deferred Compensation products may be marketed by the Deferred Compensation
Administrator's representatives.
8.
PERS must approve all company sales literature and explanatory materials before
any such materials may be distributed.
9. Each employer will make available to
eligible employees the approved plan literature with the contact information
and website of the Deferred Compensation Administrator.
Notes
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