Plan Trustees  

Funds for the Retirement and Thrift Plans are held in trust for the sole purpose of paying Plan benefits and operating expenses. The trustee of these plans is:

The Chase Manhattan Bank, N.A.
4 Chase MetroTech Center
Brooklyn, NY 11245

   Plan Administrator  

The Plan Administrator for all Federal Reserve benefit plans is:

Committee on Plan Administration
Federal Reserve Employee Benefits System
744 Broad Street
Newark, NJ 07102

The Plan Administrator is responsible for all discretionary matters arising in the interpretation, operation, and administration of the plans. Any action taken on any matter within the discretion of the Plan Administrator is final, conclusive, and binding on all parties.

If you have any questions about your benefits or disagree with a plan interpretation affecting your benefits, the Executive Director of the Office of Employee Benefits of the Federal Reserve (located at the address provided on the next page) can work with you to resolve your concerns. If you disagree with the Executive Director's decision, you may appeal the decision to the Plan Administrator. The Executive Director will provide you with any necessary information you need to make the appeal.

   Agent for Service of Legal Process  

If you feel that you need to take legal action to resolve a question regarding your benefits, you may contact the Executive Director as agent for service of legal process for all Federal Reserve benefit plans.

Service of legal process may also be made on the plan trustee for the Retirement and Thrift Plans.

   Filing Claims  

To file claims, contact a Benefits Counselor for the necessary forms. If you die, your beneficiary or eligible survivor may contact a Benefits Counselor for instructions and the forms to file a claim.

   For More Information  

If you have any questions or need additional information about your System benefits after reading this website, please contact the Benefits Section in Human Resources. You may also direct your questions to the:

Executive Director
Federal Reserve Employee Benefits System
33 Liberty Street
New York, NY 10045

Every effort will be made to reply promptly to your questions.

   Future of the Plans  

While the Federal Reserve intends to continue the benefit plans into the future, it reserves the right to change, suspend, or end any plan, coverage, contribution, or participation by any Employer.

A decision to end a plan could be due to changes in federal law or the Internal Revenue Code, the installation of a revised, successor plan, consolidating with another plan, splitting a plan into two or more parts, or a change in the economic conditions or organizational structure that makes a plan no longer feasible as it currently exists.

If a plan or any part of a plan should end, you will receive all the benefits due as of the date the plan ends, to the extent it is funded or provided for contractually, under the terms of the plan (as summarized in the individual sections of this website).