Your MEBA Money Purchase Benefit (MPB) Plan is …

1 Your MEBA Money Purchase Benefit (MPB) Plan is going to have a new provider of recordkeeping services . Fidelity Investments! September 2017. Dear MPB Plan Participant, Your retirement savings plans are important benefits of your MEBA membership, and the Board of Trustees continuously seeks to ensure you have the information, resources, and support to help you prepare for your future with confidence. So we are pleased to announce exciting changes regarding the MEBA MPB Plan. The Board of Trustees has decided to team up with a new provider of recordkeeping services for the Money Purchase Benefit Plan. Effective December 1, 2017, Fidelity Investments will be the new provider of recordkeeping services for the MEBA MPB Plan.

2 Please note that your investment options in the MPB will not change in the transition to Fidelity. Fidelity is already the provider of recordkeeping services for the MEBA 401(k) Plan. This means that after the transition you will have a single provider of recordkeeping services at Fidelity Investments for both your MEBA. MPB and 401(k) plans. If you have a MEBA 401(k) account, you will have a consolidated view of your MEBA. 401(k) and MPB retirement plans with Fidelity. Some of the new features at Fidelity Investments include: Financial Learning Resources: Easy-to-use tools, articles, videos and more to help you take control of your financial future.

3 World-class customer service: Experienced Fidelity representatives are ready to answer questions you may have about your plan. Fidelity NetBenefits Web site and mobile apps: Convenient account access virtually any time, 24/7. It's important to remember that this change will simply be moving the provider of recordkeeping services of your MPB Plan from Vanguard to Fidelity, effective December 1, 2017. Your investment options in the MPB will not change. The MPB transition will not affect the MEBA 401(k) Plan because this plan is already with Fidelity. In the coming weeks you will receive transition information with important dates, plan activities, and new services, as well as a notification when the transition is complete.

4 We are very excited about the changes ahead, and feel confident that you will be pleased with the new offerings available through Fidelity. Sincerely, Board of Trustees MEBA Money Purchase Benefit Plan Investing involves risk, including risk of loss. 2017 FMR LLC. All rights reserved. Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917