October 31, 2008

MassMutual Retirement Services Commits to Best-in-Class Participant Education Programs

SPRINGFIELD, Mass., Oct. 31 /PRNewswire/ -- MassMutual's Retirement Services Division has announced plans to invest significant resources to expand participant communication and education beyond retirement-related topics.

"In today's environment, there is clearly a need for more personal attention and education for retirement plan participants, not just regarding retirement issues but from a holistic financial viewpoint," says Hugh O'Toole, senior vice president and head of MassMutual's national sales and distribution organization. "Financial advisors and TPAs can play an important role in the educational process. MassMutual will continue to reinforce their efforts with best-in-class educational opportunities for participants."

MassMutual has already initiated the expansion of its team of Retirement Education Specialists to facilitate more on-site participant education. On October 20, the following individuals joined O'Toole's organization as Retirement Education Specialists:

Sean Czepiel is based in Mass. and provides education services to clients in MassMutual's northeast region. He has been with MassMutual since 2006 and was most recently a customer service representative in the company's Springfield office.

Shelly Hardison, joined MassMutual from Nationwide Financial in Dublin, Ohio where she was most recently a retirement plan consultant. She will provide education services to clients in the Midwest region.

Dan Kolosowski is based in southern Calif. and provides education services to clients in MassMutual's western region. He has been employed by MassMutual since June 2007 as a representative in its Retirement Services Participant Information Center.

Jorge Mullen is based in Conn. and also provides education services to clients in MassMutual's northeast region. He joined MassMutual from Hooker & Holcombe, a benefits consulting agency in West Hartford, Conn.

Also in the fourth quarter, MassMutual will launch a robust suite of new online educational content that will include interactive charts, tutorials, calculators as well as seminars that advisors and plan sponsors can use for small group education purposes. "MassMutual earned the top score among retirement advisors for its participant education program*, and we will continue to invest the human and financial resources necessary to help educate participants regarding retirement and financial matters at all stages of life," says Elaine Sarsynski, executive vice president of MassMutual's Retirement Services Division and chairman and CEO of MassMutual International LLC.

For more information about MassMutual Retirement Services, please contact your retirement plan advisor or call MassMutual at (888) 626-4911.

*Based on Boston Research Group's 2008 DCP Retirement Advisor Satisfaction and Loyalty Study, August 2008.

   Contact:  Lisa Reilly             413-744-0589             [email protected]  

MassMutual Retirement Services

CONTACT: Lisa Reilly of MassMutual Retirement Services,+1-413-744-0589, [email protected]

Web site: http://www.massmutual.com/