Download Strong Growth

State of Tennessee Optional Retirement Plan
Presented by ING
ING’s Benefits to You
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Safety of principal
from a Stable Value
Option
Mutual Funds from
well known
Companies
Local
representatives on
each campus
available to you
Diverse options for
your annuity when
you leave State
employment
Stable Value Option
• One of several investment options available for all or
part of your ING ORP account
• Transparent cost structure
• Quarterly declared rate
• Return of principal guarantee*
Subject to the claims paying ability of ING Life Insurance
and Annuity Company.
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Other ING ORP Plan Investments
mutual funds offered through custodial account.
Competitive Investment Options and Costs for Your Plan
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Information: When, where, and how you want it
The choice is up to you!
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In-Person
Online
Campus Meetings
and Seminars
Robust account
management tools
ING Participant Contact Center
24x7 Voice Response
Unit
Trained Specialists
Print
Clear Language
Customized Retirement Strategy
Educator’s Financial Analysis
ING’s Credentialed Professionals helping you with
a personalized benefits illustration at your desk
TN retirement plans and
other savings
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Social Security
(if applicable)
Your TN ORP
Your ING Annuity Option When Leaving State Employment
• ING Single Premium Immediate Annuity, a combination fixed / variable
annuity
• Reduced costs versus previous option; .95% M&E annually
• Guaranteed options and other investment options available during
payout
• Diversify your account according to your strategy
• Pick one or many options
• Available to all employees, regardless of selected Company
• Requires account transfer to ING prior to separation
• Illustrations provided prior to selection
• ING representative guidance always available!
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ING Around the Globe
• # 8 in the Global Fortune 500 Magazine ranking1
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# 6 Insurance company in the world2
Over $1 trillion in assets3
Over 85 million customers
Presence in more than 40 countries
¹Fortune 500 Companies Ranking, June 2009
²Datamonitor, 2009
3Indicates our core underlying business volume, both on- and off-balance sheet and includes client assets and liabilities on which we generate a spread or a fee
(ING Statistical Supplement – Q2 2009)
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ING and the State of Tennessee ORP
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Safety of principal
and from a Stable
Value Option
Mutual Funds from
well known and
respected
Companies
Local
representatives on
each campus
available to you
Diverse options for
your annuity when
you leave State
employment
Important Information:
Variable annuities, and mutual funds under a custodial account agreement,
are intended as long-term investments designed for retirement purposes.
Investments are not guaranteed and are subject to investment risk
including the possible loss of principal. Account values fluctuate with
market conditions, and when surrendered, the principal may be worth more
or less than the original amount invested. A group fixed annuity is an
insurance contract designed for investing for retirement purposes. The
guarantee of the fixed account is based on the claims-paying ability of the
issuing insurance company. Although it is possible to have guaranteed
income for life with a fixed annuity, there is no assurance that this income
will keep up with inflation. For 403(b) plans, early withdrawals, if taken
prior to age 59 12, may be subject to the IRS 10% premature distribution
penalty tax. Money taken from the plan will be taxed as ordinary income in
the year the money is distributed. An annuity does not provide any
additional tax benefit, as tax deferral is provided by the Plan. Annuities
may be subject to additional fees and expenses, to which other taxdeferred funding vehicles may not be subject. However, an annuity does
offer other features and benefits, such as lifetime income payments and
death benefits, which may be valuable to you.
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You should consider the investment objectives, risks, and charges and
expenses of the variable product and its underlying fund options; or mutual
funds offered through a retirement plan, carefully before investing. The
prospectuses/prospectus summaries/information booklets containing this and
other information, can be obtained by contacting your local representative.
Please read the information carefully before investing.
Insurance products, annuities and retirement plan funding issued by (third party
administrative services may also be provided by) ING Life Insurance and Annuity
Company. Securities are distributed by ING Financial Advisers, LLC (member SIPC),
One Orange Way, Windsor, CT, 06095-4774. Annuities may also be issued by
ReliaStar Life Insurance Company, Minneapolis, MN. Variable annuities issued by
ReliaStar Life Insurance Company are distributed by ING Financial Advisers, LLC. Only
ING Life Insurance and Annuity Company is admitted and issues products in the state
of New York. All companies are members of the ING family of companies. Securities
may also be distributed through other broker-dealers with which ING Financial
Advisers, LLC has selling agreements. Insurance obligations are the sole responsibility
of each issuing company. Products and services may not be available in all states.
C10-0315-011R (03/10)
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