FRS Investment Plan Changes and Blackout Period
TAMPA, Fla. (Dec. 4, 2009) -- The FRS Investment Plan will be replacing its investment plan administrator, ING, with Hewitt Associates, effective January 4, 2010.
In order to prepare for this change, there is a planned “blackout period,” in which FRS Investment Plan members will not be able to make any transactions, including but not limited to directing or diversifying investments, making plan election changes and taking a distribution from the plan.
The proposed blackout period will begin on Dec. 28, 2009 at 4 p.m. and will end on Jan. 4, 2010 at 9 a.m.
Though you will not be able to make any changes to your plan during this time, you may speak with an Ernst & Young Financial Advisor about plan questions, retirement or financial planning issues.
If you are an FRS Investment Plan member who is planning to retire soon, please contact FRS before this blackout period to determine what impact this may have on your retirement.