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<p class=MsoNormal><font size=2 color=blue face=Calibri><span style='font-size:
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<p class=MsoNormal align=center style='margin:0in;margin-bottom:.0001pt;
text-align:center'><b><font size=4 color=red face="Californian FB"><span
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bold'><img width=571 height=156 id="_x0000_i1025"
src="cid:image001.jpg@01C92E0C.076C19A0"></span></font></b><font color=blue><span
style='color:blue'><o:p></o:p></span></font></p>
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color=blue face="Times New Roman"><o:lock aspectratio="t" v:ext="edit"></o:lock><span
style='font-size:12.0pt;color:blue'><o:p> </o:p></span></font></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=3
color=blue face="Times New Roman"><span style='font-size:12.0pt;color:blue'> <o:p></o:p></span></font></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><strong><b><font
size=4 color=blue face="Californian FB"><span style='font-size:13.5pt;
font-family:"Californian FB";color:blue'>Mark your calendars!</span></font></b></strong><font
size=4 color=blue face="Californian FB"><span style='font-size:13.5pt;
font-family:"Californian FB";color:blue'> To observe </span></font><strong><b><i><font
size=4 color=red face="Californian FB"><span style='font-size:13.5pt;
font-family:"Californian FB";color:red;font-style:italic'>National Save for
Retirement Week</span></font></i></b></strong><em><i><font size=4 color=red
face="Californian FB"><span style='font-size:13.5pt;font-family:"Californian FB";
color:red'>,</span></font></i></em><font size=4 color=blue face="Californian FB"><span
style='font-size:13.5pt;font-family:"Californian FB";color:blue'> the Oregon
Savings Growth Plan (OSGP) will hold an open house on Thursday, October 23,
2008, from 10 a.m. to 4 p.m. at the Archives Building at 800 Summer Street
in Salem. Staff will be on hand to answer your questions and help you
complete enrollment forms. Snacks will be provided and door prizes
awarded. If you work in the area, we hope to see you there.</span></font><font
color=blue><span style='color:blue'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=3
color=blue face="Times New Roman"><span style='font-size:12.0pt;color:blue'> <o:p></o:p></span></font></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=4
color=blue face="Californian FB"><span style='font-size:13.5pt;font-family:
"Californian FB";color:blue'>As a state employee, you are automatically
eligible to enroll in OSGP, a voluntary 457(b) plan that offers low fees and
diverse investment options, including the new LifePath</span></font><font
size=4 color=blue face="Bookman Old Style"><span style='font-size:13.5pt;
font-family:"Bookman Old Style";color:blue'>®</span></font><font size=4
color=blue face="Californian FB"><span style='font-size:13.5pt;font-family:
"Californian FB";color:blue'> funds that are designed to provide an investment
strategy appropriate to your age and expected retirement date.</span></font><font
color=blue><span style='color:blue'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=3
color=blue face="Bookman Old Style"><span style='font-size:12.0pt;font-family:
"Bookman Old Style";color:blue'><o:p> </o:p></span></font></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=4
color=blue face="Californian FB"><span style='font-size:13.5pt;font-family:
"Californian FB";color:blue'>If you already participate in OSGP, this may be a
good time to increase your contribution or change your contribution from a
dollar amount to percentage of pay. That way, with any future salary increases,
your deferral will automatically increase. If you are not currently
participating, this is your opportunity to start saving for the future.
You can save tax deferred, which means a tax savings for you at the end of the
year. You may also be eligible for the </span></font><em><b><i><font size=4
color=red face="Californian FB"><span style='font-size:13.5pt;font-family:"Californian FB";
color:red;font-weight:bold'>Tax Saver's Credit; </span></font></i></b></em><font
size=4 color=blue face="Californian FB"><span style='font-size:13.5pt;
font-family:"Californian FB";color:blue'>for more details, go to </span></font><font
color=blue face="Bookman Old Style"><span style='font-family:"Bookman Old Style";
color:blue'><a href="http://www.irs.gov/"><font size=4 color=red
face="Californian FB"><span style='font-size:13.5pt;font-family:"Californian FB";
color:red'>www.irs.gov</span></font></a></span></font><font size=4 color=red
face="Californian FB"><span style='font-size:13.5pt;font-family:"Californian FB";
color:red'>.</span></font><font color=blue><span style='color:blue'><o:p></o:p></span></font></p>
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<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=4
color=blue face="Californian FB"><span style='font-size:13.5pt;font-family:
"Californian FB";color:blue'>To enroll in the plan, or for more information
about OSGP, check out <a href="http://oregon.gov/pers/osgp"><font color=red><span
style='color:red'>http://oregon.gov/pers/osgp</span></font></a>. If you have
questions or would like an enrollment kit sent to you, please call the <st1:place
w:st="on"><st1:City w:st="on">Salem</st1:City></st1:place> office at 503
378-3730.</span></font><font color=blue><span style='color:blue'><o:p></o:p></span></font></p>
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