UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 30, 2004 ------------------ EMC INSURANCE GROUP INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Iowa 0-10956 42-623455 ------------------------------- ------------ -------------------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation) File Number) Identification No.) 717 Mulberry Street, Des Moines, Iowa 50309 --------------------------------------- ---------- (Address of principal executive office) (Zip Code) (515) 280-2902 ---------------------------------------------------- (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 1.01 Entry into a Material Definitive Agreement. On September 30, 2004, the Board of Directors of Employers Mutual Casualty Company ("EMCC") approved the Employers Mutual Casualty Company Supplemental Retirement Plan ("Plan"), which became effective October 1, 2004. The Plan is an unfunded, nonqualified retirement plan maintained primarily for the purpose of providing additional deferred compensation for a select group of management and highly compensated employees of EMCC certain of whom also serve as executive officers of the registrant. The Employers Mutual Casualty Company Supplemental Retirement Plan is filed herewith as Exhibit 10.1. Item 1.02 Termination of a Material Definitive Agreement. Effective October 1, 2004, Employers Mutual Casualty Company terminated the Employers Mutual Casualty Company Excess Retirement Benefit Agreement and the Employers Mutual Casualty Company Supplemental Executive Retirement Plan. These plans are replaced with the Employers Mutual Casualty Company Supplemental Retirement Plan effective October 1, 2004. Item 9.01 Financial Statements and Exhibits. (c) Exhibits. Exhibit Number Description -------------- --------------------------------- 10.1 Employers Mutual Casualty Company Supplemental Retirement Plan Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EMC INSURANCE GROUP INC. Registrant /s/ Bruce G. Kelley ------------------------- Bruce G. Kelley President & Chief Executive Officer /s/ Mark E. Reese ------------------------- Mark E. Reese, Sr. Vice President & Chief Financial Officer January 18, 2005 EXHIBIT INDEX ------------- Exhibit Number Description -------------- --------------------------------- 10.1 Employers Mutual Casualty Company Supplemental Retirement Plan