DEFERRED COMPENSATION 457b PLAN

New Employee Handout/457b Plan Summary

Plan Document

Advisory Council

LD 390 - "An Act To Clarify Guaranteed Fund Protection for Deferred Compensation Accounts"

Frequently Asked Questions:
Q. May I stop my current payroll contributions?
A. Yes. Just contact your local representative of the financial service organization in which you participate (see contact for AIG, Hartford & ING below). They will send you a Joinder Agreement form to complete. Changes are made for the first of the month.

Q. Can I move the funds in my account from one financial service organization ("FSO") to another within the plan?
A. Yes. Enroll with the new FSO and let the representative know you wish to do a rollover. You can change FSO's once every 12 months.

2009 Annual limits: (*The limits for 2010 will remain the same as 2009.)
-457(b) deferral limit = $16,500
-Age 50+ Catch-up limit = $22,000
-Pre-Retirement catch-up limit = $33,000

For Questions:
Employee Health & Benefits
287-6780 or 1-800-422-4503
TTY 1-888-577-6690

Lists of Local Representatives:

*Superintendent Kofman Issues Statement and Releases NAIC Information about AIG, Inc.

Archive Newsletters:

August, 2006
November, 2006
March, 2007
May, 2007
August, 2007
November, 2007
February, 2008
June, 2008

Useful Links....
Hartford: http://www.retire.hartfordlife.com/
ING: http://www.ing-usa.com/us/index.htm
Valic: http://www.aigretirement.com/AIG-Retirement_82_8630.html