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
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|
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.
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