MANAGEMENT PERFORMANCE PLAN
2007 PAYABLE IN 2008
FBL Financial Group, Inc. is the sponsor of the Management Performance Plan.
Participants in the plan include the senior executive group and executive group of FBL’s Tier I participants.
Tier II participants include FBL’s department heads (salary grade 45). Tier III participants include FBL’s
managers (salary grade 44).
A. Each year the FBL Management Development and Compensation Committee approves five to eight
corporate goals. These performance goals would include significant areas of achievement such as
property/casualty accounts, property/casualty and life insurance new business production, expense
management and earnings.
B. Each goal will be given equal weight but may be split between life and property/casualty performance.
C. Each goal will be measured separately in the determination of the attainment level. Generally goals for
insurance management will be based on the performance over the entire marketing area. Participants
whose responsibilities are limited to a single state or sales region will be measured according to the
performance of that particular territory.
D. Percentage of incentives to be paid will be calculated separately for each performance goal and no
incentive will be paid on a goal until at least 75% of goal level is attained.
E. The applicable performance incentive percentage for each goal will increase proportionately for
achievement above 75% of goal level to a maximum of 150% of goal.
F. For Tier I, Groups 1, 2, 3 and 4, achievement of 75% of goal will result in 50% of the performance
incentive percentage, and achievement of 150% of goal will result in 200% of the performance incentive
percentage. For Tier I, Group 5, and Tiers II and III, achievement of 75% of goal will result in 75% of the
performance incentive percentage, and achievement of 150% of goal will resu