Service Credit

To qualify for the 40 percent transfer payment, you must receive service credit for January 1998.
 

Transfer Payment

The transfer payment is based on your January 1, 1996, account balance. If you qualify and your employer correctly reports your transfer request on schedule, your transfer payment will be credited to your TRS Plan 3 account on March 4, 1998. If your employer does not report your transfer to DRS in a timely manner, the transfer payment may be made a month or two after DRS receives your data in good order from your employer.

Your transfer payment will be made to the investment program last receiving a contribution at the time of payment. For members who are contributing to the Self-Directed Investment Program when the transfer payment is posted, the payment will be invested according to the investment allocation on file. Transfer payments received for member accounts not having complete investment instructions will be invested in the TRS Plan 3 Money Market Fund.
 

Automated Service Line (ASL) Change

RC has enhanced the ASL to provide you with a quick and easy way to find out your account balance. Upon entry of your social security number and PIN, you will now hear your current account balance voiced without having to specifically request it.
 

Self-Directed Investment Allocations

It's easy to establish investment allocations for the investment of your transfer payment and future contributions into the Self-Directed Investment Program. Call RC's ASL at 1-888-711-TRS3 (8773) and follow these easy steps:

TRS PLAN 3 WSIB
Total Allocation Portfolio (TAP)1
as of 9/30/97
Average Annual Returns
Fund Name 4th Q 1-YR 3-YR 5-YR
Total Allocation Portfolio 0.42% 17.33% 18.87% 13.42%

1The Washington State Investment Board (WSIB) periodically reviews and adjusts the TAP Fund's asset allocation. Over the last five years, the TAP Fund has shifted to a more aggressive asset mix. These returns reflect the actual asset mixes during the time periods shown.
TRS PLAN 3 Self-Directed Funds
as of 12/31/97
Average Annual Returns
Fund Name 4thQ Incep. 1-YR 3-YR 5-YR

TRS Plan 3 Small Stock
Index (Incp. 5/9/97)		 -3.5% 23.1% n/a n/a n/a

TRS Plan 3 U.S. Stock
Market Index (Incp. 5/7/97)		 1.7% 18.2% n/a n/a n/a

TRS Plan 3 Large Stock
Index (Incp. 5/9/97)		 2.9% 18.7% n/a n/a n/a

TRS Plan 3 Intl Stock
Index (Incp. 5/7/97)		 -8.5% -1.6% n/a n/a n/a

TRS Plan 3 Money Market (Incp. 5/6/97)		 1.47% 3.6% n/a n/a n/a

TRS Plan 3 Bond Market
(Incp. 5/9/97)		 2.7% 7.8% n/a n/a n/a

Returns on the TAP Fund cover the period ending 9/30/97. Returns for the Self-Directed Funds cover the period ending 12/31/97.

All returns are net of fees. Self-directed funds are valued daily; your account balance and rate of return will vary accordingly. Past performance is no guarantee of future results. For more information about the funds please see TRS Plan 3 Investment Guide.

1. Press 1 for Personal Account
2. Press 2 for Investment
  Allocations
3. Press 2 to change your
  allocations
4. Press 1 for Employee
  Account Type
5. Enter the fund codes and
  ASL percentages following
  the prompts (see fund codes)
6. The ASL will repeat your
  request once completed
7. Press 1 to submit a correct
  request
 
A written confirmation of your transaction will be mailed to the address on your record. 		 
Self-Directed Funds Code
TRS Plan 3 US Stock Market Index Fund 61
TRS Plan 3 Large Stock Index Fund 62
TRS Plan 3 Small Stock Index Fund 63
TRS Plan 3 Bond Market Fund 64
TRS Plan 3 International Stock Index Fund 65
TRS Plan 3 Money Market Fund 66
Note: The investments available in TRS Plan 3 are not offered by or through the ICMA Retirement Corporation, the ICMA Retirement Trust, or ICMA-RC Services, Inc. This publication is available in alternate formats. To request, call 1-888-711-TRS3 (8773) or TDD 1-800-669-7471.