Human Resources & Workforce Diversity
What happens when I elect Variable?
Starting January 1 of the year after you file your election:
-
50% of your FUTURE contributions are invested in the Variable Fund
-
Your prior account balance and 50% of future contributions stay in the Fixed Fund
-
Fixed and Variable earnings/losses are posted at the end of each year based on the January 1 balance.
| Previous slide | Next slide | Back to first slide | View graphic version |