CITY OF LOS ANGELES QUARTERLY NEWSLETTER JULY 2015
CITY OF
DEFERRED COMPENSATION PLAN
Los Angeles
Designating a Beneficiary See What’s Inside:
A Quick, Simple and Responsible Thing to Do
As many as 6,909 participants in the City of Los Angeles Deferred Compensation Plan do
not have a designated beneficiary on file with the Plan. Are you one of them?
Your beneficiary is the person who will receive your account assets in the event of your
death. If you pass away without designating a beneficiary, your savings may not go to the
person you wanted. Your Plan assets will generally go to your spouse or domestic partner,
or if none, your children; otherwise, your account assets become part of your estate and
will be distributed as such. Do you know who your current beneficiary is? Do you need
to update your beneficiary designation due to a change in your
circumstances? If you’re unsu CITY OF LOS ANGELES QUARTERLY NEWSLETTER JULY 201 How to Contact a Representative IN PERSON CITY OF LOS ANGELES DEFERRED COMPENSATION PLAN QU City of Los Angeles Deferred Compensation Plan IN City of Los Angeles Deferred Compensation Plan B Have Questions? Need Information? For inform