Written Statement on Transfers of Uncashed Checks from ERISA Plans to State Unclaimed Property Programs

This document is a comprehensive written statement provided on behalf of the National Association of Unclaimed Property Administrators (NAUPA) examining state unclaimed property programs and their role in addressing uncashed checks from ERISA plans. It covers the history and evolution of state unclaimed property programs, their effectiveness in returning funds to owners, administrative and legal aspects, and a comparison to alternative disposition methods for uncashed retirement plan checks.