Mpera Directions 2006 Sep

Cover Mpera Directions 2006 Sep
Mpera Directions 2006 Sep
Montana. Public Employees' Retirement Board
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This means that, effective July 1, 2007: 1) Administrative and recordkeeping services may be provided by a party other than GWRS; V The PERB intends to maintain consistent or improved level of service.
V The PERB intends for any transition to be seamless.
2) The fees participants pay for these services will change.
V The PERB cannot estimate, at this time, how fees will change.
V The PERB will notify you of changes in fees as soon as administratively possible.
Currendy, the participants are cha
...rged as follows for the GWRS' administrative and recordkeeping services: 1) 457 Plan a. A graduated asset based fee ranging from 10 to 35 basis points.
b. This fee covers both GWRS' services and the PERB's administrative costs.
2) DCRP a. Flat dollar fee of $18.25 per participant per quarter or $73 annually.
b. The PERB's administrative costs are charged separately. (See Good News article page 2.)a IN COMPLIANCE WITH THE AMERICANS WITH DISABILITIES ACT OF 1992, ALTERNATIVE ACCESSIBLE FORMATS OF THIS DOCUMENT WILL BE PROVIDED UPON REQUEST.


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