Welfare Notes - October 2016

October, 2016

Announcement of Investment Changes

To Plan Participants and Beneficiaries of:

SUP Money Purchase Pension Plan and SUP 401(k) Plan


Investment Change Announcement Explanation

The Plans’ investment committee recently met to review the performance of the Plans’ investment choices. If an investment choice does not meet the established minimum standards, the committee reviews other alternatives with similar investment objectives to discuss possible replacement options. This important notice is to inform you that the SUP Money Purchase Pension Plan and the SUP 401(k) Plan will be making changes to the Plans’ investment options as outlined below. This change is scheduled to go into effect the week of 11/14/2016.



Category          Prior Fund                      Ticker      New Fund                  Ticker


Stable Value     RTC MetLife Ser 25053   MET35    The Standard Stable     XSAFA

                       CI 35                                            Asset A


The fund(s) below will be added to your plan and accessible to plan participants the week of 11/14/2016.


Ticker                                       Fund Name


XSAFA                                     The Standard Stable Asset A


How will this affect me?

During the week of 11/14/2016, assets invested in the prior fund will automatically be transferred to the corresponding replacement fund shown above. In addition, all of your directives for investing future contributions in the prior fund will automatically be changed to the corresponding replacement fund.

Do I need to take action?

No. However, if you want to make changes to your account you can:

Change your investment directives to ensure that future contributions are invested in the investment option of your choice.

Transfer any balance in this fund to the investment option of your choice.

These changes can be made either by:

1. Using Personal Savings Center at www.standard.com/retirement

2. Calling a customer service representative at 800.858.5420.

Who can I contact with questions about these changes?

If you have questions, please contact a customer service representative at 800.858.5420.

Plan sponsors and participants should carefully consider the investment objectives, risks, charges and expenses of the investment options offered under the retirement plan before investing. The prospectuses for individual mutual funds and each available investment option in the group annuity contain this and other important information. Prospectuses may be obtained by calling 800.858.5420. Please read the prospectus carefully before investing. Investments are subject to market risks and fluctuate in value.