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ANNUITY FUND
05/07/2008 Important change to your Annuity Plan concerning your eligibility for a hardship withdrawal.
and I38C, I.U.O.E. Annuity Plan concerning your eligibility for a hardship withdrawal.
above that are consistent with the terms under section 9.1(a), or with respect to the need to pay tuition expenses consistent with the terms under 9.1(b), a hardship withdrawal may be granted to a participant only one time per eighteen (18) consecutive months.
taxes, as well as early distribution penalties.
as a dependent on a Participant’s individual tax return.
Fund office for assistance.
Important Update! To: All Local 138 Annuity Fund Participants. From: William K. Duffy, Jr.--Administrator Re: Local 138 Annuity Fund Self Directed Program.
The Local 138 Annuity Fund Board of Trustees is continuously monitoring the investment options offered within the self directed program. Therefore the Board has implemented several changed to the Program. These changes will take effect August 1, 2006. As of that time Prudential will no longer be the record keeper on the plan. NY Life will replace Prudential and this transition will be transparent to all those members that participate. The move will allow the Fund to offer a greater variety of investment options as well as some increased technology that the Board feels will benefit the membership in the long run. If you should need additional information regarding these new options, or you are thinking about enrolling in the program for the first time, please contact the Fund Advisor, David Barnett @ (516)227-2920 or (800)645-8600.
David Barnett Vice President Smith Barney 855 Franklin Ave. Garden City, NY 11530 (516)227-2920 david.m.barnett@smithbarney.com
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Important Contact Information Local 138 Annuity Fund - NY Life P.O. Box 206 Farmingdale, NY 11735 (800) 294-3575 (631) 694-2478
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