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Principal Introduces Defined Benefit Executive Retirement Plan

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NU Online News Service, Sept. 2, 2003, 2:43 p.m. EDT – Principal Financial Group Inc., Des Moines, Iowa, is introducing an Executive Nonqualified Defined Benefit Plan.

The plan is a company-funded, deferred compensation plan. Participating employees are not required to make contributions and the participants bear no investment risk, Principal says.