BNC Colleagues, As you likely have already heard, as of 1/1/11, Purdue's retirement contribution (and our mandatory 4% contribution) will be managed by Fidelity, rather than TIAA/CREF. At yesterday's Univ. Senate meeting, we received some general information -- I have summarized a few highlights in the attached document. Overall, the change is intended to provide i) a broader range of investment choices, ii) lower fees and iii) more objective investment advice (including an on-campus Fidelity office). PU plans to start mailing out information packets next week, so please watch your snail mail. There will be action required on your part to specify your investment choices (unless you want the default investment options, which are target date investment funds (e.g. Vangard 2025)). John and Ron, please forward to TIAA/CREF eligible staff. Thanks, Dave