MassMutual Employee and Financial Professional Donations Continue To Grow in Support of Quake Victims

Company expands matching gift program to accommodate outpour of employee and financial professional support in addition to a $100,000 corporate donation.

Jan 19, 2010, 14:39 ET from MassMutual Financial Group

SPRINGFIELD, Mass., Jan. 19 /PRNewswire/ -- Less than a week after Massachusetts Mutual Life Insurance Company (MassMutual) announced – on January 14 – that it would donate $100,000 to victims of the Haiti earthquake, and expand its Matching Gift program to allow for donations to the Haitian Relief Effort, the company reports it has received an overwhelming response from its employees and financial professionals.

"We are very proud to be able to make a corporate donation of $100,000 to the relief effort but even prouder of the overwhelming support that our employees and financial professionals are providing," said John Chandler, Senior Vice President and Chief Marketing Officer. "Supporting the relief effort and matching the contributions of our eligible employees and financial representatives, provides the opportunity to help a member of our global community in dire need of assistance."

Chandler noted that the strong concern and support has also been demonstrated by employees on the company's recently implemented intranet-based social media tool that provides for direct and immediate employee feedback. For example, one employee remarked: "This is a great way to help out the global effort. Thank you MassMutual for allowing these gifts to be matched."

To date, hundreds of inquiries/matching gift applications from employees and financial professionals have been received as a result of MassMutual's announcement last Thursday that it would donate $100,000 to the American Red Cross International Relief Fund, and extend its Matching Gift Program guidelines to allow eligible employees and financial representatives to have their donations matched if they give to the American Red Cross International Relief Fund, Haiti and/or the Habitat for Humanity Disaster Response, Haiti Earthquake.

"MassMutual is very grateful to our employees and financial professionals for their overwhelming support and dedication to this effort," Chandler noted. "Our donations will help provide much needed medical supplies, food, water and shelter to the quake victims."

Eligible MassMutual employees and financial professionals will be able to take advantage of the expanded Matching Gift Program for donations to the Haiti Relief Effort for the next 6 months.

Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders.  The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term.

MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives.  MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, Inc., member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB. For more information, visit massmutual.com.

Contact:  

Mark Cybulski

413-744-5427


Laura DeMars

413-744-7181


SOURCE MassMutual Financial Group



RELATED LINKS

http://www.massmutual.com