Thomas J. Rabideau and Sandra M. Rabideau - Page 3

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               Met Life maintains a "Met Life Options Decision Book" (the             
          Met Life manual) that explains an employee's options under the              
          flexible benefits plan.  The Met Life manual provides in                    
          pertinent part as follows:                                                  
               The Company currently spends money to pay for your                     
               benefits.  * * *  The contribution you receive will pay                
               for most of the cost of coverage for you and for your                  
               dependents.  The cost you pay, if any, will depend on                  
               the options you select under the Met Life Options                      
               program.                                                               
                             *   *   *   *   *   *   *                                
               If you select lower levels of coverage * * * the cost                  
               may be less than the Company's contribution for you.                   
               Then you will receive extra dollars in your pay                        
               throughout the year.  Of course, you will have to pay                  
               taxes on these extra dollars.                                          
               If you select higher levels of coverage * * * the cost                 
               may be more than the Company's contribution for you.                   
               Then you will pay the difference.  But you pay this                    
               remaining cost with before-tax dollars, so you reduce                  
               your taxes.                                                            
               The amount of the "Company's contribution" (the Met Life               
          contribution) is not a static figure, but is based instead on the           
          number of dependents for whom an employee selects medical and               
          dental coverage.3  Thus, the Met Life contribution is greater for           
          employees who select medical and dental coverage for themselves             
          and their dependents than it is for employees who select such               
          coverage for themselves but not their dependents.  Similarly, the           



               3  The Met Life contribution also includes an amount for life          
          insurance and long-term disability benefits, which amount is                
          independent of the number of an employee's dependents.                      




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Last modified: May 25, 2011