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                                                                   EXHIBIT 10.2b

                             AMENDMENT NO. 1 TO THE

                           RETIREMENT INCOME PLAN FOR

                     SELECTIVE INSURANCE COMPANY OF AMERICA

      WHEREAS, Selective Insurance Company of America (the "Company") maintains
the Retirement Income Plan for Selective Insurance Company of America (the
"Plan") for the benefit of its employees;

      WHEREAS, pursuant to Section 9.1 of the Plan, the Company has reserved the
right to amend the Plan; and

      WHEREAS, the Company wishes to amend the Plan effective July 1, 2002;

      NOW THEREFORE, be it

      RESOLVED, that the Plan is hereby amended as follows effective July 1,
2002:

      1. Section 2.19 of the Plan is hereby amended in its entirety as follows:

            "Early Retirement Date" means the first day of the calendar month
            next following the date a Member's employment with the Company
            terminates on or after the earlier of the date that a Member (1)
            attains age 55 and completes at least ten years of Vesting Service,
            or (2) completes a number of years of Vesting Service which when
            added to the Member's attained age as of such date expressed in
            years and months at least equals the sum of 70."

      2. Section 2.20 of the Plan is hereby deleted in its entirety and all
subsequent subsections in Article 2 are renumbered accordingly.

      3. Sections 3.4(c), 4.2(a) and 4.3(a) of the Plan are hereby amended by
replacing the term "Early Retirement Age" as used therein with the term "Early
Retirement Date".

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      4. Section 4.1(b) of the Plan is hereby deleted in its entirety and
replaced with the following:

            "(b) Amount. A Member's monthly Normal Retirement Benefit shall be
            determined as of his Normal Retirement Age under subsection (1), (2)
            (3) or (4), as applicable:

            (1) With respect to any Employee who first becomes a Member on or
            after July 1, 2002, the Member's monthly Normal Retirement Benefit
            as of his Normal Retirement Age shall be equal to an amount which
            equals 1.2% of Average Monthly Compensation multiplied by Years of
            Benefit Service.

            (2) With respect to a Member who (i) attained age 50 and completed 5
            Years of Vesting Service on or before July 1, 2002, or (ii)
            completed at least 25 Years of Vesting Service on or before July 1,
            2002, his or her monthly Normal Retirement Benefit shall be equal to
            an amount which equals the greater of (A) or (B) minus (C), where

                  (A) is 2 percent of his Average Monthly Compensation, less
                  1-3/7 percent of such Member's Social Security Benefit,
                  multiplied by the Member's Years of Benefit Service, not to
                  exceed a maximum of 35 years;

                  (B) is the minimum monthly benefit, if any, accrued by those
                  Members who were participants in the Prior Plan, on or before
                  May 1, 1980 (which minimum monthly benefit is determined by
                  multiplying 1-3/7 percent of the lesser of --

                        (x)   Such Member's Average Monthly Compensation as of
                              May 1, 1980, or

                        (y)   The Member's Compensation for the one month
                              preceding May 1, 1980, by the Member's Years of
                              Benefit Service as of May 1, 1980, not to exceed a
                              maximum of 35 years); and

                  (C) is the monthly amount, if any, of "Retirement Annuity"
                  payable under the group annuity contract issued by the
                  Equitable which was purchased for a Member under the Prior
                  Plan (which amount is reflected in Appendix A, appended to
                  Plan).
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                  A Member's monthly Normal Retirement Benefit determined
                  hereunder shall be subject to the adjustments (if any)
                  described in Appendix C.

                  Unless otherwise provided under the Plan, each section
                  401(a)(17) Member's Accrued Benefit under this Plan will be
                  the greater of the Accrued Benefit determined for the Member
                  under (i) or (ii) below:

                  (i) the Member's Accrued Benefit determined with respect to
                  the benefit formula applicable for the Plan Year beginning on
                  or after January 1, 1994, as applied to the Member's total
                  years of Benefit Service taken into account under the Plan for
                  the purposes of benefit accruals, or

                  (ii) the sum of:

                        (a) the Member's Accrued Benefit as of the last day of
                        the last Plan Year beginning before January 1, 1994,
                        frozen in accordance with section 1.401(a)(4)-13 of the
                        Regulations.

                        (b) the Member's Accrued Benefit determined under the
                        benefit formula applicable for the Plan Year beginning
                        on or after January 1, 1994, as applied to the Member's
                        years of Benefit Service credited to the Member for Plan
                        Years beginning on or after January 1, 1994, for
                        purposes of benefit accruals.

                  A Section 401(a)(17) Member means a Member whose current
                  Accrued Benefit as of a date on or after the first day of the
                  first Plan Year beginning on or after January 1, 1994, is
                  based on Compensation for a year beginning prior to the first
                  day of the first Plan Year beginning on or after January 1,
                  1994, that exceeded $150,000.

                  (3) With respect to a Member who completed at least 5 Years of
                  Vesting Service on or before July 1, 2002, and whose attained
                  age in years and months and completed number of Years of
                  Vesting Service as of July 1, 2002 at least equal the sum of
                  55, his or her monthly Normal Retirement Benefit shall be
                  equal to the sum of (x) the benefit accrued as of June 30,
                  2002 determined in accordance with subsection 4.1(b)(2) above
                  based on Years of Benefit Service as of June 30, 2002, but
                  including Compensation earned after such date for purposes of
                  determining the Average Monthly Compensation; and (y) the
                  benefit accrued after June 30, 2002 under subsection 4.1(b)(1)
                  based on Years of Benefit Service after July 1, 2002 and total
                  Average Monthly Compensation.

                  (4) With respect to a Member who was hired by the Company
                  prior to July 1, 2001 who does not satisfy the criteria of
                  subsection 4.1(b)(2) or 4.1(b)(3) above, his or her monthly
                  Normal Retirement Benefit shall be equal to the greater of (x)
                  the benefit accrued as of June 30, 2002
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                  determined in accordance with subsection 4.1(b)(2) above based
                  on Years of Benefit Service as of June 30, 2002, but including
                  Compensation earned after such date for purposes of
                  determining the Average Monthly Compensation; and (y) the
                  benefit accrued under subsection 4.1(b)(1) based on total
                  Years of Benefit Service and total Average Monthly
                  Compensation.

                  (5) With respect to any Member who was transferred to the
                  employ of a non-participating Affiliate in accordance with
                  Section 3.6(b) prior to July 1, 2002, or who leaves the employ
                  of the Company prior to July 1, 2002, and is then reemployed
                  by the Company as an Eligible Employee after July 1, 2002, his
                  or her Normal Retirement Benefit shall be determined under
                  Subsection 4.1(b)(1) - (4) as applicable, based on the
                  Member's attained age and number of completed years of Vesting
                  Service as of July 1, 2002."<PAGE>
                                                                   EXHIBIT 10.2c

                             AMENDMENT NO. 2 TO THE

                           RETIREMENT INCOME PLAN FOR

                     SELECTIVE INSURANCE COMPANY OF AMERICA

      Selective Insurance Company of America (the "Company") hereby adopts the
following amendment to the Retirement Income Plan for Selective Insurance
Company of America (the "Plan") effective for distributions with annuity
starting dates on or after January 1, 2003;

      1.    Section 2.3(b)(1) of Article II of the Plan is hereby amended by
adding the following to the end thereof:

            "Notwithstanding any other Plan provisions to the contrary, the
            Applicable Mortality Table used for purposes of adjusting any
            benefit or limitation under Section 415(b)(2)(B), (C), or (D) of the
            Code as set forth in Sections 15.4 and 15.5 of the Plan and the
            Applicable Mortality Table used for purposes of satisfying the
            requirements of Section 417(e) of the Code as set forth in Section
            15.3 of the Plan is the table prescribed in Revenue Ruling 2001-62."

      2. Section 2.3(c) of Article II of the Plan is hereby amended by changing
the reference from "the mortality basis outlined in (a) above" to "the mortality
basis outlined in (b) above," effective January 1, 1997.

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