Retirement Annuity Plan for Employees of the Army and Air Force Exchange Service Trust

Retirement Annuity Plan for Employees of the Army and Air Force Exchange Service Trust is a single-employer-defined benefit corporate pension plan based in Dallas, Texas. Established in 1941, the plan provides retirement benefits for employees of the Army and Air Force Exchange Service (AAFES), the retailer of U.S. Army and Air Force installations worldwide. The assets of the plan are managed by the executive management team.