TIAA-CREF: Statement on Market Volatility and Recent Events in the Financial Services Sector

09/22/08

Contributed by Natalia Pelttari

Submitted on behalf of Cheryl Freer, Director of Benefits

Many employees are concerned about recent developments in the financial services industry and the long-term health and viability of some firms. They are particularly interested in how these events affect their own retirement plan investments. In the Human Resources website you will find a statement given to us by TIAA-CREF that outlines their perspective.

Please also visit TIAA-CREF's website www.tiaa-cref.org for additional information. They will continue to update the site as market conditions change and when appropriate.

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