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2012 December - Michigan Education Association

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12/12<br />

If you chose Option 3,<br />

do you need a 403(b)?<br />

We take your future seriously.<br />

Securities offered through Paradigm Equities, Inc.,<br />

a wholly owned subsidiary of MEA Financial Services,<br />

1480 Kendale Blvd., East Lansing, MI 48823,<br />

800-292-1950 www.meafs.com<br />

Public Act 300 of <strong>2012</strong><br />

required you to make a<br />

choice regarding your<br />

pension. If you chose<br />

Option 3, you have<br />

elected to maintain<br />

your current level of<br />

contributions; however,<br />

your pension formula<br />

will change to include<br />

a 1.25 percent pension<br />

factor for future years of<br />

service. This will result in<br />

a reduced pension.<br />

Have you looked at your<br />

options for additional<br />

retirement savings? MEA<br />

Financial Services offers<br />

a wide variety of products<br />

to assist in your financial<br />

needs.<br />

403(b) Tax-Deferred Annuity<br />

403(b)(7) Mutual Fund<br />

Traditional or Roth IRA<br />

Contact your local MEA<br />

Financial Services<br />

Representative today!

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