HII Ingalls Shipbuilding Inc. Hourly Employees ... - Benefits Connect

HII Ingalls Shipbuilding Inc. Hourly Employees’ Retirement Plan
Summary Plan Description
March 2011
Introduction
On July 1, 1967, the Ingalls Shipbuilding Corporation Retirement Plan went into effect. The
Plan evolved as follows:
• On October 1, 1978, exempt nonunion employees were moved to the newly created
Ingalls Shipbuilding Inc. Salaried Employees’ Retirement Plan.
• On October 1, 1979, non-exempt nonunion employees were moved to the Ingalls
Shipbuilding Inc. Salaried Employees’ Retirement Plan.
• Those remaining in the Ingalls Shipbuilding Corporation Retirement Plan were moved
into the Ingalls Shipbuilding Inc. Hourly Employees’ Retirement Plan (the Plan).
This Summary Plan Description (SPD) describes how the HII Ingalls Shipbuilding Inc. Hourly
Employees’ Retirement Plan (the “Plan”) works. If you have questions about anything not
answered in this SPD, go to HII Benefits Connect at http://hiibenefits.com or call the
Huntington Ingalls Benefits Center (HIBC) at 1-877-216-3222. If you are calling from outside
the United States, please call 408-916-9765. You will need your password to secure your
call. Benefits service representatives are available to assist you Monday through Friday from
9:00 a.m. to 6:00 p.m. Eastern time, excluding holidays. If you are hearing impaired, you will
need to use a relay service through your TTY/TDD service provider.
HII reserves the right to suspend and/or reduce benefit accruals under the Ingalls Shipbuilding
Inc. Hourly Employees’ Retirement Plan. HII also may amend or terminate the Plan at any time.
You will be notified of any significant amendments to the Plan.
This guide is a summary of the main features of the Plan. It presents a summary only and does
not contain all the details of all aspects of the Plan. It is not an official plan document, and neither
the plan documents nor this guide constitute an implied or expressed contract of employment.
The actual terms of the Plan are contained in the plan document, which is available from the
HIBC.
The official plan text and trust agreement govern the operation of the Plan and payment of all
benefits. In the event of any ambiguity in or omission from this guide, or any conflict between this
guide and the official plan text and trust agreement, the official plan text and trust agreement
govern.
HII is the sponsor of this Plan. “Company” refers to Northrop Grumman Corporation and its 80%-
owned subsidiaries and affiliates before March 31, 2011 and to HII on and after March 31, 2011.
HII was spun off from Northrop Grumman Corporation in March 2011 and, as a result, plan
sponsorship for the Plan was transferred to HII.
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