Handbook - Indiana County, Pennsylvania

that will not change more than once every 90days. You will be advised in advance of anychange to the minimum interest rate via yourquarterly Alliance Account statement or bycalling Customer Support at (877) 255-4262.Open Solutions Inc. is the Service Provider ofthe Prudential Alliance Account SettlementOption, a contractual obligation of The PrudentialInsurance Company of America, located at 751Broad Street, Newark, NJ 07102-3777. Checkclearing is provided by JPMorgan Chase Bank,N.A. and processing support is provided by FirstData Payment Services (FDPS). AllianceAccount balances are not insured by theFederal Deposit Insurance Corporation(FDIC). Alliance Account funds are backed bythe financial strength of The PrudentialInsurance Company of America and StateGuaranty Associations. Open Solutions Inc.,JPMorgan Chase Bank, N.A., and First DataPayment Services are not Prudential Financialcompanies.b) Members who receive a lump sum paymentcan take advantage of no cost professionalfinancial advice through the Beneficiary FinancialCounseling service. More information aboutBFCS can be found in Chapter 9 of thishandbook.c) If the proceeds are to be paid in 36 equalmonthly payments, the first payment will bepayable as of the date of death. The amount ofeach payment will be computed so as to includeinterest on the unpaid balance at the theneffective rate.(2) Dependent Child SGLI Insurance Proceedsa) The proceeds will be paid in a lump sumpayment. The member will be given the option42