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Fund participants receive dividendcontinued from page 1 It may not be a Fortune 500 company, but Retailers Funds
long history of consistently paying dividends places it among leading
businesses. The fund, MRAs workers compensation insurance
program, continued its track record by paying participants a dividend
of $342,635 on April 18, its first dividend payment of the year. The Fund earned $342,635 in investment income during the
period December 1, 2001, through November 30, 2002. The dividend was authorized
by the Retailers Fund Board of Trustees and approved by the Michigan Department
of Consumer and Industry Services. Retailers Fund has paid dividends for 21 consecutive years.
With this distribution, the amount returned to members totals more than
$17.6 million. This years dividends are in addition to premium
credits amounting to 8.75 percent of your 2003 premium. Up-front premium
discounts and cash-back dividends are two excellent reasons why Retailers
Fund provides you the best value for your workers compensation insurance
dollar, year in and year out. Retailers Fund has been the proven choice of retailers throughout Michigan for nearly two decades, says James P. Hallan, MRAs president and chief operating officer. Its sole purpose is to serve the best interests of retailers by providing quality workers compensation coverage, competitive rates and solid dividends. For a no-obligation quote, contact Judy Schafer at 1.800.366.3699 or e-mail her at jschafer@retailers.com. |