200 EAST GAINES STREETTALLAHASSEE, FLORIDA 32399-0323

State of Florida money was not used to produce or mail these materials.

INVEST NOWRELAX LATER

don’t DROP the ball

DROPflyer2011.indd 1 3/25/2011 9:03:51 AM

Name

Address

City State ZIP

Telephone (Best #) email address (work and or personal)

Telephone (Work) Agency

888-568-2542www.valic.com/floridadcp

TELL ME MOREPlease check one or more boxes if you would like an associate from the investment providers (listed below) to call you with more information.

800-444-9412www.florida457.com

800-949-4457www.nrsflorida.com

888-457-5770rps.troweprice.com/florida

888-393-7272www.schwab.comEnrollment available through Nationwide

800-282-6295www.ingretirementplans.com/custom/fl457

For more information on the State of Florida Deferred Compensation Plan, go to www.MyFloridaDeferredComp.com or call the Deferred

Compensation Office toll-free at 1-877-299-8002, locally at 1-850-413-3162, or complete and return the attached reply card today. Dear Eligible DROP Member:

Your retirement nest egg may need to last 20 years or

more. It is not too late to explore additional options and

build a more sound investment plan for retirement. After

all, retirement planning is one of the most important

decisions you will make. If you are considering joining the

Deferred Retirement Option Program (DROP), review this

important information to learn how DROP and the Deferred

Compensation Plan (Retirement Savings) go together.

• You can roll over your annual and sick leave payout

into the Deferred Compensation Plan (based upon

certain requirements). This will allow you to defer

paying federal taxes on this lump sum of money.

Call our office at 1-877-299-8002 for more details.

• Upon leaving DROP, you can roll your DROP assets

into your Deferred Compensation Plan.

• It is not too late to join the Deferred Compensation

Plan! You can join and contribute to the plan at any

time prior to leaving employment, entering DROP or

even while in DROP.

Remember, there is no early withdrawal penalty for the

Deferred Compensation Plan. You may take a distribution

from your Deferred Compensation Plan (457b) at any age,

but no earlier than 31 days after your last official work day.

Q: If I am not currently in the Deferred Compensation

Plan (but am joining DROP), can I join the Deferred

Compensation Plan just to put my annual and sick

leave in?

A: Yes. Contact an investment provider listed on the reply

card. You have the option to begin contributing to

the Deferred Compensation Plan.

Q: If I don’t join DROP, can I still put my annual and

sick leave in the Deferred Compensation Plan when

I get ready to leave employment?

A: Yes. Contact your investment provider directly or

choose one listed on the reply card.

Q: How old do I need to be before I can take money out

of the Deferred Compensation Plan without penalty?

A: You can withdraw money at any age, but no earlier

than 31 days after your last official work day.

Q: How much can I contribute to the Deferred

Compensation Plan for 2011?

A: If you are age 50 or older you can contribute up to

$22,000. However, if you are eligible for DROP, you

may qualify for the standard catch-up provision, which

would allow you to contribute up to $33,000 annually.

(Please contact the Deferred Compensation office for

more information 1-877-299-8002.)

Q: How do I enroll? A: Contact one of the investment providers listed or complete and return the attached card for more information.

Q: Can I transfer my other Pre-Tax Savings Plans into my Deferred Compensation Account? A: Yes, examples of other transferable savings plans would be: • Traditional IRA’s • 401(k)s • DROP money (401a) • 403(b) • Other 457(b) plans

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