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Alternate Benefit Program (ABP)
The Alternate Benefit Program (ABP) is a 401(a) defined contribution
retirement program for higher education faculty and certain administrators.
AXA Equitable has developed the EQUI-VESTSM Vantagesm ABP 401(a) deferred group variable annuity
to allow you to fund New Jersey ABP. The EQUI-VESTSM Vantagesm ABP 401(a) annuity allows you
to invest your contribution and that of your employer to the ABP in the investment
options available under this contract.
In the EQUI-VESTSM Vantagesm ABP 401(a) annuity , you
will have access to 11 variable investment options, plus investment options for safety of principal1
ABP Contributions at a Glance
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| You contribute | 5% of base salary |
| Your employer contributes | 8% of base salary |
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| For a combined total of | 13% of base salary |
For additional information on the EQUI-VESTSM Vantagesm ABP 401(a), please review the Program Summary,
the EQUI-VESTSMVantagesm ABP 401(a) Fact Card or
contact a Financial Professional.
Considerations for Choosing Between PERS and ABP
ABP Questions and Answers
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