salliemae.
Gov. Governors from Arizona and Mississippi
joined Vilsack in launching the program. "As one of AARP's 'Best Employers for Workers Over
50', The Principal recognizes what is not only wanted, but needed by
this valuable group of employees.

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First, it will help 50+
workers prepare to remain in the workforce by linking them with skills
assessment tools and training resources.

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(Logo: http://www. Tom Vilsack of Iowa announced plans to implement a statewide
mature worker pilot program to elevate the image of mature workers
with industries, employers, government and the public during the
launch of the AARP Workforce Initiative, held today at the National
Press Club in Washington, D. is traded on the
New York Stock Exchange under the ticker symbol PFG. Additional
programs provide information, education and services to ensure that
people over 50 lead lives of independence, dignity and purpose .

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Foundation
programs provide security, protection and empowerment for older
persons in need. The Foundation's litigation staff
protects the legal rights of older Americans in critical health,
long -term care, consumer and employment situations.

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1 paying-for-college company, managing more than $121 billion in student
loans for 8 million borrowers. Finally, it will be
a resource to large and small companies, to help them understand the
needs and interests of a mature workforce. For more
information, visit www.

(2) As of December 31, 2004

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Sallie Mae Wins Award for Family Friendly Policies and Benefits

SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the nation's
No.

Business Editors

WASHINGTON----

Gov.

(1) "The Principal Financial Group" and "The Principal" are
registered service marks of Principal Financial Services, Inc.

identifies teletrade

RESTON, Va. SLM Corporation and its subsidiaries
are not sponsored by or agencies of the United States of America.
Foundation programs are funded by grants, tax-deductible contributions
and AARP.

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"The State of Iowa is pleased to have this new and exciting
partnership with the AARP Foundation to advance the success of Iowa's
mature workers, and of Iowa business," said Gov ., Pitney Bowes, The Home Depot,
Universal Health Services and Walgreens.
Through the Workforce Initiative, job seekers can visit AARP's website
at www.org/careers

The Principal Financial Group(R) (The Principal(R))(1) is a leader
in offering businesses, individuals and institutional clients a wide
range of financial products and services, including retirement and
investment services , life and health insurance and banking through its
diverse family of financial services companies .

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"
The CARE Awards program was established in 1992 to recognize companies
that lead the field in family-friendly benefits for employees and that
demonstrate a commitment to helping employees maintain a healthy work and life
balance. Next, it will provide
connections for those who may want full or part-time jobs or new
careers with companies who value their experience.

Telecommuting (often called telework) occurs where employees work away from their standard place of work (i.

the employer 's business location).

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, Sallie Mae, the nation's No.C.9 million customers
worldwide from offices in Asia, Australia, Europe, Latin America and
the United States.

Generally, telecommuting involves working part-time from home by utilizing forms of technology to create a virtual office, but other variations are possible.

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Sallie Mae was originally created in 1972 as a
government-sponsored entity (GSE) and terminated its corporate ties to the
federal government in 2004. Vilsack Announces New Statewide Initiative for Mature Workers

Recognizing the value of the mature worker, the State of Iowa and
the Principal Financial Group today joined the AARP Foundation in
launching the AARP Workforce Initiative to help Americans age 50 and
over seek jobs and remain in the workforce. Job search assistance and resources geared toward the 50-plus
worker can be found at www.

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1 paying-for-college company , today announced that Northern Virginia Family
Service has selected the Reston-based employer for the Companies as Responsive
Employers (CARE) Award. We are pleased to be
recognized as having a workplace that promotes a healthy work-life balance.
"The Principal is very proud to participate in this significant
campaign to encourage the recruitment of and retention of our nation's
mature workforce," said Carey Jury, vice president of the Principal
Financial Group., MetLife, Inc.org/featuredemployers to learn about each Featured
Employer, including types of jobs available, benefits and how to
apply .

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We have 21st
century training readily available, and we have the commitment to be
sure our workforce can meet the demands of the growing economy. We are
determined to ensure that mature workers - and the businesses they
support - both continue to thrive in Iowa.

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com., Express Personnel, Johns Hopkins Health Systems, Kelly
Services, Manpower, Inc. The strength of this
program involves commitment on the state and local level working with
both the public and private workforce sectors to provide connections
for mature workers seeking employment.
"Older employees benefit everybody: workers continue to earn and
stay engaged and productive; and mature workers will help employers to
avert the labor shortages that will occur as boomers retire and fewer
young workers enter the workplace ," said AARP Iowa State Director
Bruce Koeppl. A member of the
Fortune 500, the Principal Financial Group has $168.com

The AARP Foundation is AARP's affiliated charity.

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Through its specialized
subsidiaries and divisions, Sallie Mae also provides debt management services
as well as business and technical products to a range of business clients,
including colleges, universities and loan guarantors.7 billion in
assets under management(2) and serves some 14.

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e.

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As
boomers begin to approach retirement age, the pool of replacement
workers will not be large enough to meet employers' labor demands. Low-income older workers receive the job training and
placement they need to re-join the workforce.

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The company remains the country's largest
originator of federally insured student loans ."
The Principal Financial Group is joined by other Featured
Employers, including: Adecco, Allied -Barton Security Services, Borders
Group, Inc.aarp. Principal Financial Group, Inc., a
member of the Principal Financial Group.

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The overall goal of the AARP Featured Employers Program is to
connect mature workers with job opportunities.

telecommuters teletrade

newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )
Northern Virginia Family Service cited Sallie Mae's comprehensive benefits
package, adoption assistance program , flexible work schedules, and child care
referral service among the reasons for the award. "In Iowa , we
strive to leverage all the resources available to make our entire
workforce the most productive in the nation, and we particularly
appreciate the proven capabilities of mature Iowans.aarp.

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Sallie Mae was one of two
winners under the "Large Company" category.principal.

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The State of Iowa and The Principal Financial Group Take Lead Roles in AARP Foundation's National Mature Workforce Initiative

Vilsack. Free tax preparation is
provided for low- and moderate-income individuals, with special
attention to those 60 and older.

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"When employers view work and family balance as a
serious consideration , they enable employees to thrive.

Immediately and through
the year, hundreds of thousands of inquiries were received from AARP
members and others interested in employment.
By 2010, almost one in three workers will be at least 50.

henley gill

Northern Virginia Family Service selected the winners based on a
review of applications, site visits and employee responses to a Web-based
survey."
The Principal Financial Group and participating companies, known
as "AARP Featured Employers," were selected based on their recognition
of the need to prepare for the changing workforce and their commitment
to work with AARP Foundation on a program to match qualified workers
with employment opportunities .

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"Our employees are our most important asset," said Joni Reich, senior vice
president, Administration . More information is
available at http://www.
The Workforce Initiative and Featured Employer program are an
outgrowth of the AARP Foundation's first hiring partnership with The
Home Depot , which was launched last February.

ardis teleworkers

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