Farmers Qualified Pension Plan Annuities for your Employees

	Increased financial security for employees at retirement
	Incentive to attract and retain employees
	Contributions are tax-deductible by employer, not currently taxable to employee
	Plan earnings are tax-deferred

Eligibility
Farmers annuities can fund a Qualified Pension Plan, which is adopted by sole proprietorships, partnerships, or corporations. Employees having attained age 21 and having one year of service (1,000 hours in a 12-month period) for the employer must be covered. Those plans that provide that employees' benefits are non-forfeitable after no more than two years of service may also require employees to reach age 21 and complete two years' service, whichever is later, in order to be covered. More liberal provisions can be adopted if exercised uniformly and in a nondiscriminatory manner.

Employees covered under a collective bargaining agreement retirement plan and certain non-resident aliens may be excluded. Special note: Farmers does not determine eligibility.

Contributions
Contributions are based on a uniform percentage of each participating employee'sError 500: com.farmers.farmcomm.navigation.DynamicNavigation (initialization failure)