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Petitioner Patricia M. Brandkamp (Mrs. Brandkamp) was
employed throughout 1997 by MetLife Insurance Co. (MetLife). Mrs.
Brandkamp was hired by MetLife in December 1995 and remained in
its employ through November 1998.
At all relevant times, MetLife maintained a defined benefit
pension plan (the MetLife plan) that was qualified within the
meaning of section 401(a). An individual is eligible to
participate in the MetLife plan if the individual: (1) Is at
least 21 years old, (2) is an active U.S. salaried or
commissioned employee, and (3) has completed 1 year of continuous
or credited service.
Once an employee is eligible to participate in the MetLife
plan, the employee is automatically enrolled in the plan at no
cost to the employee. However, the employee does not have any
vested right to a pension benefit until the employee has
completed 5 years of continuous or credited service.
Mrs. Brandkamp became enrolled in the MetLife plan upon
completion of 1 year of service with MetLife in December 1996.
However, because Mrs. Brandkamp left the employ of MetLife before
completing 5 years of continuous or credited service with
MetLife, her right to a pension benefit never vested.
On April 13, 1998, Mr. Brandkamp contributed $2,000 to an
IRA that he maintained in his name with SouthTrust Bank in
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Last modified: May 25, 2011