I.B.E.W LOCAL 701 BENEFIT FUNDS
ALWAYS AT YOUR SERVICE

28600 Bella Vista Parkway, Suite 1110
Warrenville, IL 60555-1500
Phone (630) 393-1701   Fax (630) 393-3615
info@ibew701fbo.com


 

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Annuity Fund

News and Other Updates

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Schedule of One on One Investment Education Meetings 

Changes to Investment Line-up July 2, 2007

The mid-cap fund, Calamos Growth Fund A, is being replaced by the State Street Global Advisors S&P mid-cap Index SL Series Fund

The State Street Global Advisors Russell 2000 Index SL Series Fund is being added as an additional fund for the Small Cap Equity Asset Class  

Stable Value Fund Interest Rate

The Board of Trustees is pleased to announce that the interest rate for the Prudential Stable Value Fund will be 5.21% for the period April 1, 2007 through June 30, 2007. This rate is guaranteed and will not change during this period.

Please Note: Effective January 1, 2007, Annuity Plan Withdrawal Rules have changed. The Hardship withdrawal provision of the Plan was eliminated. Click here for more information.

Prudential On-line 

Prudential's Signature On-line also provides retirement planning tools through their website at www.prudential.com/signature. Topics include retirement, taxes, estate planning, college savings and more. 

If you do not have access to the internet, you can visit the Prudential kiosks located in the JATC and Benefit Offices during regular business hours.