Contents

President's Column

The Executive Director's Report

Guest Editorial: Cynthia Simpson

Guest Editorial: W. Allen Martin

TRS Questionnaire

Membership Application

2004-2005 GRF Contributors

Click for Print Version

Click for Past Issues



THE
Association for Texas University Professionals
the
TACT Quarterly eBulletin

July/August/September 2005 Vol. LVII No. 5

Texas Association of College Teachers ~ Defending Academic Freedom


 

 

 

President's Column
                     
  by Dr. Elizabeth Lewandowski, TACT President


Member Benefits

Dear Faculty Member:

This eBulletin is brought to you by the Texas 
Association of College Teachers (TACT).  Whether you 
are new to Texas higher education or just new on your 
campus, TACT welcomes you.  TACT, THE Association 
for College and University Professionals, is the premiere 
professional organization for employees in Texas higher 
education.  We work with our members to make Texas a 
better place for higher education.  TACT is not a union, 
it is an advocacy group. We work with the legislature to 
protect tenure, insurance and retirement plans, and to 
include students on governing boards, to name a few of 
our recent issues.  Members receive regular email updates 
and we publish a quarterly eBulletin to keep the mem-
bership informed of our activities.

A member benefit that we are especially proud of is our 
annual Optional Retirement Program (ORP) Study.  As you 
begin your new position, choosing the right retirement plan 
from the myriad of choices available can be daunting.  The 
ORP Study compiles data on the performance of the numer-
ous providers in tables that make it easier to compare 
programs and make a careful, considered decision.  For 
example:

Table 2 - Contract Expenses

Company

Contract ID

Policy Fee

Total M E

Admin Exp

Exp Ratio

Trans Fee

Annuity Investors Life Insurance Co.

Commodore Advantage

$30-waived at $40K

1.25%

.15%

.27-1.46%

$25 over 12/year

Citistreet

Universal Annuity

30.00

1.25%

0

0.32 - 1.29

0

Great American Life Insurance Co.

American Freedom 10-ST

0.00

0.00

0.00

0.00

0.00

Great-West Retirement Services

educator$money - UT

$0

0.00%

0.00%

0.05%-1.60%

0

Chase Insurance Life and Annuity Company

Advantage III

$30

1.30%

N/A

N/A

N/A

The Legend Group, Inc.

Legend Custodial Account

1.00%

NA

NA

NA

NA

Lincoln National Life Insurance Company

Multi-FundŽIndividual

$25.00

1.002%

n/a

0.29 to 1.36%

n/a

Prudential Retirement

005035

15.00

See Prospectus

 

 

 

One Life (Federal Kemper Life Assurance)

Advantage III

$30

1.30%

N/A

N/A

N/A

 

 

 

 

 

 

 

 

 

 

 

 









TACT would like to give the ORP Study to you as a free gift.  
Send an email tactoff@tact.org and our state office will pro-
vide a User Name and Password for you to use on our web-
site at http://www.tact.org. 

More information about TACT and a membership application 
are available on our website, or you can contact members 
on your campus for a membership packet.

The challenges facing all educators are greater with each 
passing year.  Help make higher education in Texas better 
for yourself and your students --- join TACT and help us 
work for a better tomorrow in Texas.

Next Page

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