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ALL » Topics » Summary of Non-Employee Director Fees

This excerpt taken from the ALL 10-K filed Feb 24, 2005.
Summary of Non-Employee Director Fees
 

The Allstate Corporation pays each non-employee member of the Board of Directors an annual retainer fee of $40,000.  In addition, it pays each chair of a committee of the Board an additional annual retainer fee of $10,000.  These fees are paid on June 1 of each year.  The fees are prorated to the extent that a non-employee director joins the Board after June 1 or is expected to serve for less than 12 months due to, for example, retirement.

 


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