1. RETIREMENT
2016 2017
CHOICE DECISION GUIDE
It’s your choice: Stay on your
current route to retirement or
take a new one.
Make your decision by
September 15, 2016!
Your road toYour road to
2. Two Roads
No matter what your destination in life, there’s usually more than one way to get there.
Community Medical Centers is now offering you two routes to your retirement plan, and you choose
which one to take. We want to help you pick the route that’s in line with your values and targets.
Because everybody’s needs and goals are different — including how long a person stays with a
company and how much control one wants over their retirement account — Community believes
now is the best time to let you choose how you want to save for retirement.
This guide is your map through both options. When you reach the end of this guide, you should
understand:
• The two options
• Why Community is providing these options
• Where to find tools to help you navigate both options so you can confidently choose one of them
• Where to find more information
• How to make your choice
This is a one-time opportunity. You must choose an option by September 15, 2016. Changes go into
effect January 1, 2017.
Tips!
Use this checklist to make sure you
get everything you need for your
journey:
• Read this guide and your
personalized statement
• Visit the Decision Support
website at URL
• Use the online modeler on
the Decision Support website
to create different scenarios
so you can see the savings
potential under each option
• Attend an employee
information meeting
• Choose Option 1 or Option 2 by
September 15, 2016
WHY IS COMMUNITY PROVIDING A NEW RETIREMENT PLAN CHOICE?
Many employees want more control over how their retirement funds are invested. With more control
there’s more risk, but you may be able to save more money for retirement. Other employees are
uncomfortable with risk and would rather have a plan that provides a guaranteed rate of return on their
retirement savings.
This one-time choice lets you decide which kind of retirement plan is best for you.
to Your Retirement Savings
3. People like me
contents
Understanding Your Two Options................................3
Take in the sights and get a better
view of what your options look like.
Comparing Your Options................................................5
Visit some of the main differences
between the two options.
Mapping Your Route.......................................................6
Figure out where you want your
Community contributions to go.
People Like Me.................................................................7
See what other employees may be
considering when making their decision.
Travel Assistance.............................................................9
Get the assistance you need to help
you make the best possible decision.
Time to Choose..............................................................10
Find out how to make your election
for this special one-time opportunity.
Table of
07
06
What’s Inside
03Understanding your tw options
Mapping your route
10Time to Choose
4. Understanding Your Two Options
Before starting a road trip, you need to consider your goals. Do you like using cruise control and taking roads you know well? Or, are you willing
to take a new route with twists and turns that may challenge your driving skills? Both roads take you where you want to go. But, it’s important to
understand the ups and downs of each route so you can choose the one that’s best for you.
Option 1 Current Retirement Program
Community’s current retirement program includes a Pension Plan and an optional Standard 403(b) Plan.
If you’re more comfortable in the retirement plan passenger’s seat than you are as a driver, you might
want to consider this option.
WHAT CHOOSING OPTION 1 MEANS TO YOU
Nothing changes; you will:
• Stay in the current Community Pension Plan
• If you contribute 2% of your pay to the Pension Plan, you’ll continue to receive the Community
contribution to your Pension Plan
• Be able to contribute to the Standard 403(b) Plan (Community does not contribute to this plan)
THINGS TO CONSIDER ABOUT OPTION 1
With the Community Pension Plan, you take less risk because Community guarantees you a certain rate
of return on your retirement savings. Because the rate of return is guaranteed, it is generally lower than
plans with more risk, like Option 2. Why? Because Community is taking all of the risk and making the
investment decisions, which are generally conservative.
• You don’t need to make investment decisions
• You don’t have to monitor it as closely as you would Option 2
• Provides you with a lower, but guaranteed rate of return
• Because you’re not taking the risk, you don’t have the increased potential for higher returns
COMMUNITY CONTRIBUTION
FOR OPTION 1
The Community contributes to
your Pension Plan as long as you
contribute 2% of your pay.
YEARS OF
SERVICE
COMMUNITY
CONTRIBUTION
1-4 4%
5-9 5%
10-14 6%
15-19 7%
20+ 8%
3
5. Option 2
If you like being behind the wheel and in control, and don’t mind taking a
few risks for a higher return, this option may be for you.
WHAT CHOOSING OPTION 2 MEANS TO YOU
Starting January 1, 2017, you will:
• Be able to enroll in and contribute to the new 403(b) Plan — Community
contributes, too, if you contribute at least 2% of your pay (either before-
tax or Roth contributions)
• Keep everything you earned in your existing Community Pension Plan
and your account will continue to earn interest, but no contributions after
December 31, 2016
• Be able to contribute more than 2% of your pay (before-tax or Roth
contributions) to the 403(b) Plan (up to IRS limits)
THINGS TO CONSIDER ABOUT OPTION 2
• You have more control about how your retirement savings are invested
• You receive higher Community contribution rates at all years-of-service
levels, plus you reach the maximum contribution at 15 years instead of 20
• Because you’re taking more of the risk, you have potential for higher
returns
COMMUNITY CONTRIBUTION
FOR OPTION 2
The Community contributes to
the new 403(b) Plan as long as
you contribute at least 2% of
your pay.
YEARS OF
SERVICE
COMMUNITY
CONTRIBUTION
1-4 5%
5-9 6%
10-14 7%
15+ 8%
( (
WHAT MAKES IT A
NEW 403(B) PLAN?
Currently, Community
doesn’t contribute
to the 403(b) Plan;
that contribution
goes to the Pension
Plan instead. Under
Option 2, Community
contributions go
to the 403(b)
Plan allowing you
control of how those
funds are invested.
Plus, it has higher
contribution rates (if
you have less than
20 years of service),
and you reach the
maximum Community
contribution at 15 years
of service instead of 20.
4
6. Comparing YOUR Options
FEATURE
OPTION 1 OPTION 2
Community Pension Plan Current 403(b) Plan Community Pension Plan New 403(b) Plan
You contribute
Yes – when you enroll, you
contribute 2% after-tax pay
Yes, either before-tax or
Roth contributions
No new contributions
after January 1, 2017
Yes, either before-tax or
Roth contributions
Company contributes Yes, if you are enrolled No No
Yes, if you contribute
at least 2% of pay
Company contribution rate
Lower than Option 2
(see chart below)
N/A N/A
Higher than Option 1
(see chart below)
Investment decisions Made by Community Made by You Made by Community Made by You
Highest Community
Contribution Rate
You get highest rate at
20 years of participation
N/A N/A
You get highest rate at
15 years of service
2%You must contribute
2% of base pay to
your retirement
plan of choice to
get Community’s
contribution.
OPTION 1
COMMUNITY CONTRIBUTES TO PENSION PLAN
Years of Service Community Contribution
1-4 4%
5-9 5%
10-14 6%
15-19 7%
20+ 8%
OPTION 2
COMMUNITY CONTRIBUTES TO 403(B) PLAN
Years of Service Community Contribution
1-4 5%
5-9 6%
10-14 7%
15+ 8%
20+ 8%
COMMUNITY CONTRIBUTIONS
5
The chart below highlights a few important differences between the two options.
7. Mapping Your Route
One main factor that will help you decide which option is best for you will be determined by your answer to this
question: Where you want to have the contribution that Community makes to your retirement account deposited.
Beginning January 1, 2017, your
Community contributions will be
directed to either the Pension
Plan or the 403(b) Plan.
Which do you prefer?
START HERE!
I want Community
contributions to go
to my 403(b) Plan.
CHOOSE OPTION 2
Beginning January 1, 2017,
all contributions will go into
the 403(b) Plan. You keep
everything you earned in
the Pension Plan and it will
continue to earn interest.
CHOOSE OPTION 1
Your Community Retirement
Program won’t change. You and
Community will contribute to
the Pension Plan.
You’ll also be able to contribute
to the Standard 403(b) Plan.
I want Community
contributions to go
to my Pension Plan.
IMPORTANT
You must enroll and
contribute 2% to either
plan to receive Community
contributions. If you don’t
contribute, Community
doesn’t, either.
6
8. People Like MeTake a look at these examples to help you see what people are thinking about when making their decision.
WHAT IS NOAH THINKING ABOUT?
• He realizes he has been missing out on free money from the Community
• Has a long time to save for the future, so he is comfortable taking a little more
risk if it means a possible higher return
• Community will contribute 5 percent to the new 403(b) Plan if he chooses
Option 2, but 4 percent to the current Pension Plan if he goes with Option 1
• Uses Decision Support Website to create different retirement scenarios to see
what his future savings could add up to under each option
WHAT IS ELLEN THINKING ABOUT?
• Likes having the secure Pension Plan benefit, but would like her money to grow
more quickly
• Understands that if she chooses the new 403(b) Plan, she keeps what she has in
her Pension Plan and it will continue to earn interest
• She prefers to be in control of how her retirement money is invested
• Community will contribute 6 percent to the Contributory 403(b) Plan if she
chooses Option 2, but will continue at 5 percent in the Pension Plan is she stays
with Option 1
Single
26 years old
Has worked for
Community for two years
Eligible, but not enrolled
in the Community
Pension Plan or the
current 403(b) Plan
Single
31 years old
Has 3-year-old daughter
Has worked for CMC for
five years
Enrolled in the Community
Pension Plan but not the
current 403(b) Plan
7
9. WHAT ARE DAVID & MELISSA THINKING ABOUT?
• They like that the Community takes the risk for the Pension Plan – even though it
may mean a lower return on their retirement funds
• Melissa’s employer doesn’t offer a pension plan, but they contribute to her
401(k) plan – glad they have the pension here at Community
• Aren’t comfortable making investment decisions
• However, they realize that David is eligible for the highest contribution at 15
years instead of if he selects Option 2 instead of Option 1
WHAT ARE ANNA & DOUG THINKING ABOUT?
• They’re both close to retirement so they aren’t comfortable switching plans
• They have outside investments that they’re more willing to take risks with
• Because Anna has worked for the Community for more than 20 years, she won’t
get a higher Community contribution rate if she switches plans
• Even though they are close to retirement, they won’t need all their money
immediately and have time for their investments to grow
Married
48 and 43 years old
Have two children, ages 7
and 10
David has worked for
Community for 16 years
Enrolled in the Community
Pension Plan and the
current 403(b) Plan
Married
Both in their early 60s
Have three grown children
Anna has worked for
Community for 25 years;
plans to retire at age 65
Enrolled in the Community
Pension Plan and the
current 403(b) Plan
8
10. Remember . . .
This is a one-time opportunity and
you have until September 15, 2016,
to choose your route to retirement.
Your decision will be final and
effective January 1, 2017.
Time to Choose
When you’re ready to make your choice, you can do it online at the Decision Support WEBSITE. AFTER you submit your
choice, you can download a confirmation statement to keep with your records.
OPTION 1: CURRENT RETIREMENT PROGRAM
Choosing Option 1 means you want to stay in — or continue to be eligible for — the current
Pension Plan with the option of contributing to the current 403(b) Plan. You must enroll and
contribute 2% of your after-tax pay to the Pension Plan to get Community’s contribution.
OPTION 2: NEW RETIREMENT PROGRAM
Choosing Option 2 means you want to contribute to — or be eligible for — the new 403(b)
Plan. You must contribute at least 2% of your pay (before-tax or Roth contributions) to get
Community’s contribution. Any funds in your current Pension Plan will continue to earn interest,
but there will be no new contributions after December 31, 2016.
Choose your route to retirement before midnight Pacific Time September 15, 2016 at URL
9
IF YOU DON’T MAKE A CHOICE
If you don’t choose either option during this one-time retirement plan choice offer that ends
September 15, 2016, you will stay in, or continue to be eligible for, Option 1 — the Community
Pension Plan and current 403(b) Plan.
11. 10
Points of Interest
Pay attention to these specific “points of interest”.
CONTRIBUTION TRAVEL DATES
If you elect Option 2, you should elect your contribution rate by {Date} in order to receive the Community contribution to your
new 403(b) Plan from your first paycheck in 2017. Community contributions are made each pay period that you are contributing
at least 2% of your pay (before-tax or Roth contributions). You will only have one 403(b) account with Transamerica no matter
which option you choose. You may enroll or access your 403(b) account at my.trsretire.com or by calling 1-888-676-5512.
MANUAL ADJUSTMENTS REQUIRED
If you elect Option 2, you will need to designate your new contribution rate for the 403(b) Plan. Community will not designate
your contribution rate based on previous elections.
For example, if you are currently contributing 2% to your Pension Plan and 3% to the current 403(b), and you want to continue
contributing a total of 5% to your retirement savings, you will need to elect your contribution rate of 5% to the new 403(b) Plan.
Visit Transamerica at my.trsretire.com or by calling 1-888-676-5512 to designate your contribution rate.
HIGHLY PAID EMPLOYEES
The IRS requires the 403(b) plan to meet an annual nondiscrimination test that prevents contributions from being weighted too
heavily towards highly paid employees. Currently, the IRS considers you highly paid if you earn more than $120,000. If you are
considered highly paid, your contribution may be reduced if the 403(b) plan does not meet the nondiscrimination test for the
year. You would be notified if your contributions were reduced because of this requirement.
You should consult with your financial advisor to determine how this may affect you.
12. Mapping Your RouteDECISION SUPPORT WEBSITE
URL
When you visit this website, the retirement information has been personalized just for you. You can
model different retirement scenarios. For example, you can choose different retirement ages, aggressive
and conservative investments returns, and change other assumptions to get a full view of both options.
• Find more details about your options
• Calculate different retirement scenarios for each option
• Connect with helpful resources
• Choose your best option
MEETINGS
Community will be holding employee meetings to help clarify this special one-time opportunity, your options and what you need to do.
You may bring your spouse or partner with you to the meeting, however due to limited space, please refrain do not bring additional family
members, financial advisors or counselors.
Log into HLC from the Forum to view the schedule for a meeting. (Access HLC from the Forum homepage. Links to the Forum only work when
logged into the network.)
CALL
If you have questions, representatives from the Retirement Choice Call Center are here to help. Representatives can’t give financial advice or tell
you which option to choose, but they can answer questions about the choice and your options.
1-877-726-5418
Representatives available Monday through Friday from 8:00 a.m. to 5:00 p.m. Pacific time starting August 1, through September 15, 2016.