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Effective October 1, 2013, ING will no longer be a participating vendor in the Alternative Retirement Program (ARP).  To learn more about the investment choices and options available with other ARP vendors, click here. The transfer paperwork required by ING to move your PASSHE account balances can be found here.
The ING family of companies in the United States have been a leader in the education market for over 42 years, offering innovative products and services to both public and private educational institutions across the country.

ING ranks as an industry-leader in the following*:
#1 in defined contribution plan sponsors.*
#2 in number of participants.*
#3 in defined contribution plan assets respectively.*
*Pensions and Investments Special Report on Top DC Recordkeepers, April 2010

Plan Highlights

As a provider for the Alternative Retirement Plan (ARP), ING offers Retirement Master-a program customized to help meet the needs of higher education employees like you. Under the Retirement Master variable annuity contract, issued by ING Life Insurance and Annuity Company, you have access to 30 individual investment options, including a fixed interest option and a wide variety of variable funds managed by some of the country's well-known fund companies. Retirement Master also has the following features to help you achieve your retirement goals:
  • Local representatives for individual meetings
  • No front-end charges or fees
  • No annual fee
  • No deferred sales charge
  • Toll-free account access
  • Flexible payout options
Note that Investing in a variable annuity includes separate account charges (0.40% for ING Baron Small Cap Growth, ING PIMCO Total return and ING Van Kampen Comstock, and 0.65% for all other funds). Fund Management Fees and other Fund Operating Expenses will also apply. Fees depend on the investment option chosen. Please refer to the Contract Prospectus Summary for individual fund fee information.

You should consider the investment objectives, risks, and charges and expenses of the variable product and its underlying fund options offered through a retirement plan carefully before investing. The prospectuses/prospectus summaries contain this and other information, which can be obtained by contacting your local representative. Please read the information carefully before investing.

For More Information See:

Important Information

Variable annuities are long-term investments designed for retirement purposes. If withdrawals are taken prior to age 59 1/2, an IRS 10% premature distribution penalty tax may apply. Money taken from the annuity will be taxed as ordinary income in the year the money is distributed. Account values fluctuate with market conditions, and when surrendered the principal may be worth more or less than its original amount invested. An annuity does not provide any additional tax deferral benefit, as tax deferral is provided by the plan. Annuities may be subject to additional fees and expenses to which other tax-qualified funding vehicles may not be subject. However, an annuity does provide other features and benefits, such as lifetime income payments and death benefits, which may be valuable to you.

Insurance products, annuities and retirements plan funding issued by (third party administrative services may also be provided by) ING Life Insurance and Annuity Company. Seminars and securities are distributed by ING Financial Advisers, LLC (member SIPC), One Orange Way, Windsor, CT 06095. Securities may also be distributed through other broker-dealers with which ING Financial Advisers, LLC has selling agreements.