26.10.2014 Views

Welcome to Northrop Grumman - Benefits Online

Welcome to Northrop Grumman - Benefits Online

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Au<strong>to</strong>matic Enrollment<br />

• If you have not enrolled in the <strong>Northrop</strong> <strong>Grumman</strong> Savings<br />

Plan within approximately 45 days of your date of hire, you will<br />

be au<strong>to</strong>matically enrolled at a contribution rate of 2%<br />

• Your contributions will be deducted on a tax-deferred basis and<br />

invested in the Retirement Path portfolio that most closely<br />

targets the year in which you will attain age 65<br />

• After you are enrolled, you may change your contribution rate<br />

and investment choices at any time<br />

• If you do not want <strong>to</strong> enroll at this time, log on <strong>to</strong> My <strong>Benefits</strong><br />

Access or call the <strong>Northrop</strong> <strong>Grumman</strong> <strong>Benefits</strong> Center <strong>to</strong><br />

decline enrollment<br />

• By declining, you may miss the benefit of receiving company<br />

matching contributions (if applicable)<br />

39

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