"
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. Immediately and through
the year, hundreds of thousands of inquiries were received from AARP
members and others interested in 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.com

The AARP Foundation is AARP's affiliated charity.

crag narp


Speakers will lay out a strategy to build opposition to privatization. We are
determined to ensure that mature workers - and the businesses they
support - both continue to thrive in Iowa ."
The Principal Financial Group is joined by other Featured
Employers, including: Adecco, Allied -Barton Security Services, Borders
Group, Inc.
computer applications, customer service skills, other job-related technical
skills).

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,

WHAT: Seniors, consumers, and workers are coming together to learn the
facts and plan how to protect the Social Security system.
"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.principal.

AARP Foundation Names Pitney Bowes Only 'Featured Employer' Based in New England

Many preventive screenings such as mammograms,
PSA tests, flu shots and routine check-ups are covered in full or with just a
small co-payment.aarp.

retirements aarp

- 12:30 p.

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

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., MetLife, Inc.7 billion in
assets under management(2) and serves some 14. For more
information, visit www. Pitney Bowes was recognized for giving
equal consideration to mature job seekers as it does for applicants from all
other groups.
At Pitney Bowes we offer a comprehensive set of benefits and development
goals to all our employees that are particularly attractive to mature workers. Its solutions range from addressing software and
metering systems to print stream management, electronic bill presentment and
presort mail services.

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Finally, it will be
a resource to large and small companies, to help them understand the
needs and interests of a mature workforce. Additional
programs provide information, education and services to ensure that
people over 50 lead lives of independence, dignity and purpose. Information about Featured Employers can be found
at http://www.aarp.

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Vilsack. 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.9 million customers
worldwide from offices in Asia, Australia, Europe, Latin America and
the United States. The Foundation's litigation staff
protects the legal rights of older Americans in critical health,
long-term care, consumer and employment situations.
Foundation programs are funded by grants, tax-deductible contributions
and AARP.g.

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Business Editors

WASHINGTON----

Gov.
The overall goal of the AARP Featured Employers Program is to
connect mature workers with job opportunities. Principal Financial Group, Inc.

(1) "The Principal Financial Group" and "The Principal" are
registered service marks of Principal Financial Services, Inc., Pitney Bowes (NYSE: PBI) and 12
other national companies were named "Featured Employers" today by the AARP
Foundation for being forward-looking companies in regard to the impact of an
aging workforce on employers, employees and on the economy. AARP named the
companies as part of its launch of the Workforce Initiative designed to help
job seekers remain in the workforce, as they desire.

smw retirees

CARA Claims Senior Anger Growing at Bush's Privatization


"Pitney Bowes has a longstanding commitment to the recruiting and
retaining of a diverse workforce . In addition, the PB Learning Center is an online e-learning platform
that provides a broad curriculum of hundreds of classes and programs to help
employees learn new skills.

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"As we know at AARP from listening to our members, now is the time to
directly impact the economic well being of those mature workers seeking
employment and to begin to influence awareness of the need and value of the
older worker" said Bill Novelli, CEO, AARP.
In locations where Pitney Bowes has on-site clinics , many routine
screenings such as blood pressure testing are available free of charge to
active employees. The foundation relies on support from thousands of
volunteers, donors and sponsors.

aarp narp

, Pitney Bowes, The Home Depot,
Universal Health Services and Walgreens. First, it will help 50+
workers prepare to remain in the workforce by linking them with skills
assessment tools and training resources . Our company applied to become part of AARP's initiative in 2004 as
part of a strategy to recruit from diverse populations. For example, by 2010 the percentage of workers
55 to 64 will have increased 52 from 2000, while the number of workers 25 to
34 will only have increased by 8 percent.pb.

raging retired

It is one of a dozen town hall meetings being
sponsored around the State by CARA to urge Representatives to sign a Pledge to
Oppose Social Security Privatization. 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.
By 2010, almost one in three workers will be at least 50. is traded on the
New York Stock Exchange under the ticker symbol PFG.

(2) As of December 31, 2004


Cites positive policies towards workers age 50 and older

With aging baby boomers approaching retirement , what does this mean for
employers, employees and consumers today and in the future?

STAMFORD, Conn. It has been one of the company's top
priorities," said Johnna Torsone, Senior Vice President and Chief Human
Resources Officer at Pitney Bowes. "Mature workers are a part of that
diversity. Low-
income older workers receive the job training and placement they need to re-
join the workforce.

This category features organizations of seniors.

extravagance pensioners

Large Turnout Expected at Town Hall Meeting

OAKLAND, Calif.C. As
boomers begin to approach retirement age, the pool of replacement
workers will not be large enough to meet employers' labor demands. Free tax preparation is
provided for low- and moderate-income individuals, with special
attention to those 60 and older . Information about
the workforce Initiative, including assessment tools, job search tips and
access to employment possibilities is available at
http://www.

cota npc

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 .

retirements retirees


Information about Governor Schwarzenegger's proposal to privatize California's
public employee retirement systems, and consumer information on MediCare drug
benefits will also be discussed.

WHEN: Saturday, April 9, 2005
9:30 a. 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. A member of the
Fortune 500, the Principal Financial Group has $168. The company also provides programs to support their employees '
health, education, preparation for retirement, care giving to elderly parents
and other family members, among others. It has staffed offices in all 50 states, the
District of Columbia, Puerto Rico and the Virgin Islands.org/careers.

cota seniors

Participants will
find out which legislators have signed a pledge to stand against
privatization, and which legislators are taking the lead in this struggle . Key points include: 1) Social Security is
not in crisis; 2) Increasing the "cap" on taxable earnings could improve the
system's viability even further; 3) Privatization of Social Security would
cost trillions of dollars and cause a true crisis; and 4) Social Security is a
crucial safety net for disabled people, widows, and workers' children in
addition to retirees.m. Next, it will provide
connections for those who may want full or part-time jobs or new
careers with companies who value their experience ."
By 2010, almost one in five workers will be at least 55 and approaching
retirement.

Pitney Bowes is the world's leading provider of integrated mail and
document management systems , services and solutions.org/featuredemployers.

reforming eurag



WHERE: United Healthcare Workers West,
560 Thomas Berkeley Way (20th Street), Oakland
(Service Employees International Union - SEIU 250) - 3rd Floor

WHO: This rally is being sponsored by the California Alliance for
Retired Americans (CARA), the Central Labor Council of Alameda County, the
Federation of Retired Union Members (FORUM) - Alameda County, the Gray
Panthers, and many Alameda County labor, senior , community organizations and
religious congregations. "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. "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.
Through the Workforce Initiative, job seekers can visit AARP's website
at www. Low -income older workers receive the job training and
placement they need to re-join the workforce.
The Workforce Initiative seeks to help mature jobseekers and workers close
the existing gap of opportunities by offering employment connections, skills
assessment and access to training.

npc wellbeing

Foundation
programs provide security, protection and empowerment for older
persons in need.
Pitney Bowes provides technical training in support of job skills (e.com

The AARP Foundation is AARP's affiliated charity.

narp retirees

org/featuredemployers to learn about each Featured
Employer, including types of jobs available, benefits and how to
apply. Job search assistance and resources geared toward the 50-plus
worker can be found at www. And our on-site clinics provide free medical care to
employees . Foundation programs
provide security, protection and empowerment for older persons in need.

reforming raging

m. The $5 billion company
with 35,000 employees helps organizations of all sizes efficiently and
effectively manage their mission-critical mail and document flow in physical,
digital and hybrid formats.

eurag aarp



Contact:
Jodi Reid - California Alliance for Retired Americans (CARA)
415-550 -0828


, a
member of the Principal Financial Group.

pensioners extravagance


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.
The company's health insurance coverage for active and retired employees
strongly emphasizes prevention.

Contact: Peter Kerr
203 -351-6350


retirees npc

, Express Personnel, Johns Hopkins Health Systems, Kelly
Services, Manpower, Inc. But the pool of replacement workers won't be large enough to meet
employers' demand for workers . Demographic pressures mean employers
will need mature workers. More information about the company can be found at
http://www.

AARP is a nonprofit, nonpartisan membership organization that helps people
50 and older have independence, choice and control in ways that are beneficial
and affordable to them and society as a whole.

widows seniors

Governors from Arizona and Mississippi
joined Vilsack in launching the program.aarp.

cota smw

aarp.

retired wellbeing

Private accounts cannot meet these groups' needs.
Gov.
"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.

retirements crag

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