January 25, 2000

 

As received from Pan American & Investment Services concerning your 401(k) account, Participants making contributions to the Deposit Fund, please note the following:

 

PALIC Deposit Fund

December 15, 2000 to December 15, 2003

On December 15, 2000, all monies currently in deposit funds were rolled over to this account.

This fund will provide an interest rate for the next three years of 5.71% for assets currently in the fund.

The Deposit Fund will no longer accept new contributions. When the fund matures, the assets remaining in the fund will be transferred into the Dreyfus Stable Value Fund.

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