Vendor Relationships

Income for Life Annuity Program

ICMA-RC partners with MetLife and John Hancock to make annuities available through the Income for Life Annuity Program. These insurance companies compensate ICMA-RC for providing administrative services in support of the program. The fee is 80 basis points (0.8%) per year of the purchase amount of the annuity for a period of five years. During the one-year period ending June 30, 2009, ICMA-RC received compensation in the amount of $20,956.95 from MetLife and $11,477.10 from John Hancock.

Long-Term Care Insurance Solutions

ICMA-RC partners with Long-Term Care Quote (LTCQ) to provide long-term care insurance solutions to participants. LTCQ compensates ICMA-RC for providing administrative support to this program. Compensation is paid directly by LTCQ to ICMA-RC and does not impact or reflect the amount of long-term care insurance coverage received or the premium amount paid by the purchaser. During the one-year period ending June 30, 2009, ICMA-RC received compensation in the amount of $2,400 from LTCQ.

Brokerage Services

ICMA-RC partners with UVEST Financial Services Group, Inc. (UVEST) to offer brokerage services to ICMA-RC participants. Prior to May 1, 2009, ICMA-RC received compensation directly from UVEST as part of this arrangement. During the one-year period ending June 30, 2009, ICMA-RC received compensation in the amount of $16,425.70 from UVEST. As of May 1, 2009, ICMA-RC no longer receives compensation from UVEST as part of the arrangement to provide brokerage services to ICMA-RC participants.