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The transition plan for the retirement account is being worked out as you read this. As of now we have many unanswered questions but all will be resolved within the next 45 to 60 days.

Our intent is to have all funds transitioned to One America prior to part day staff going on layoff.
Many of you have questions regarding how current loans with Lincoln will be handled. This could happen a number of different ways. One American and Lincoln are working now to come to an understanding regarding this and other transfer issues.

As soon the facts regarding transition are known they will be announced on the website. We will also be posting information regarding Wells Fargo and One America representatives coming to your sites.

One thing we know for sure is that with One America your administration and investment fees will be cut in half. This savings is to you as individuals, not to the Agency, and means more dollars will remain in your account to grow towards retirement.

Stay tuned to this spot for more information.

Mary Scarpinato,
Finance Director