Announce a company savings plan - 2

Dear Felix

We are pleased to announce three saving plan options for all full-time employees. The following are available through payroll deduction: l) Any amount up to 17% of your salary may be automatically deposited in a tax sheltered annuity, 2) U.S. Savings Bonds may be purchased, and 3) deposits may be made into a supplemental retirement fund.

If you participate in option 1, the company will contribute an amount equal to 3% of your salary into the supplemental retirement fund.

Complete information and enrollment forms will be included with April 1 paychecks. Personnel in the Benefits Office can answer your questions.


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