Contacts & Contribution Information
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VALIC
Al Sanchez, Jr.
(727) 631-2061 Cellular
(813) 269-3362 District Ext. 384
(813) 310-4793 For Appts
(813) 968-3984 Fax
alfred.sanchez@valic.com -email
www.valic.com

The Hartford
Meghan Doherty
(727) 254-6199 (Cell)
(800) 528-9009
(727) 725-7793 (Fax)
email: meghan.doherty@thehartford.com
website: www.retire.hartfordlife.com

ICMA Retirement Corporation
Dino Samson
(866) 620-6070
(727) 954-5806
(202) 657-2979 Cellular
dsamson@icmarc.org - email
www.icmarc.org

Nationwide Retirement Solutions
Stephen Monagas
(727) 709-4028 Cellular
(877) 677-3678 Ext. 45732
(863) 858-5882 fax
monagas@nationwide.com - email
www.nrsforu.com

Contributions

Minimum contribution $10.00 per pay period

Maximum contribution $16,500, effective 1/01/10

You may increase, decrease, start or stop your contributions at any time during the year

You may even participate with more than one provider, should you elect to do so (however, the limitations stated above will still apply)

You may only withdraw contributions in the event of:

• Termination of Employment
• Retirement from County Service
• Proven "severe" financial hardship withdrawal
• You have less than $3,500 in the Plan, have not made any contribution in the prior 24 Months, and there has been no prior distribution under the Plan

3-Year Catch-Up Provision:

You may participate in the 3-year Catch-Up Provision if you are within the 3 year period prior to the year you are eligible to retire under the Normal Retirement Age rules of the FRS to catch up for years in which you were not able to fully contribute.

• Once you begin the 3-year catch-up you must participate for 3 consecutive years. Once the provision is being used, you may lower or stop your contributions at any time, however you are still utilizing your 3 year time frame.
• The 3-year catch-up can only be used once in your career and cannot be used in the same year as the 50+ catch-up.
• In the 2010 calendar year the maximum contribution for the 3-year Catch-Up is $33,000.

AGE 50+ Catch-Up Provision
Individuals age 50+ may contribute additional amounts every year until retirement. The 2010 Age 50+ Catch-up limit is $5,500. You cannot do both the 3-year Catch-Up and 50+ Catch-Up in the same year.

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