Chrysler announced several investment option changes for the Salaried Employees’ Savings Plan (SESP), the Hourly Employees’ Deferred Pay Plan (HEDPP), and the Retirement Health Care Account (RHCA).
Effective December 12, 2008, DWS Dreman High Return Equity Fund, Fidelity Dividend Growth Fund, and Goldman Sachs Structured Small Cap Collective Trust will be eliminated from the Savings Plans. Assets in these funds and future contribution to these funds will be transferred to the new funds at the close of business on December 12, 2008, accordingly:
Dreman High Return Equity Fund To NewWest Large Cap Intrinsic Value Fund
Fidelity Dividend Growth To KeyBank EB Diversified Stock Fund
Goldman Sachs Structured Small Cap Collective Trust To Eagle Small Cap Core Portfolio
As of December 17, 2008 the three new investment options will be available in the Savings Plans and participants will be able to access their transferred investments and make changes to how their account balance is allocated or how their future contributions are to be directed.