Summary Plan Description

INTRODUCTION

ANNUITY PLAN HIGHLIGHTS

BEGINNING WORK

Becoming a Participant

Naming a Beneficiary

YOUR ANNUITY PLAN ACCOUNT

Vesting

Rollover Account

Investment Elections

Your Investment Options

Valuation Date

PREPARING FOR THE FUTURE

Your Time Horizon

Risks and Returns

Types of Investments

Investment Considerations

PAYMENT OF BENEFITS

Eligibility for Payment of Benefits

Benefit Amount

Minimum Required Distribution (MRD) Requirements

Divorce and Qualified Domestic Relations Orders (QDROs)

Forms of Payment

IN THE EVENT OF DEATH

If You Die Before Payment of Your Benefit Begins

If You Die After Payment of Your Benefit Begins

Payment of Death Benefits

LOANS AND HARDSHIP WITHDRAWALS

Rules Related to Hardship Withdrawals

Rules Related to Loans

Spousal Consent for Loans or Hardship Withdrawals

APPLYING FOR BENEFITS

If Your Application Is Denied

Appeal Procedures

Appeal Decisions

CONCERNING TAXES

Direct Payment

Rollovers

ADMISTRATIVE FACTS

YOUR ERISA RIGHTS

GLOSSARY