07.11.2014 Views

Welcome to Northrop Grumman - Benefits Online

Welcome to Northrop Grumman - Benefits Online

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

• You are au<strong>to</strong>matically enrolled in the <strong>Northrop</strong><br />

<strong>Grumman</strong> Savings Plan at a contribution rate of<br />

2% per pay period 45 days after your date of hire<br />

• Your contributions are deducted on a tax-deferred<br />

basis and contributed <strong>to</strong> the Retirement Path that<br />

most closely targets the year in which you will<br />

reach normal retirement age<br />

• If you do not want <strong>to</strong> participate in the <strong>Northrop</strong><br />

<strong>Grumman</strong> Savings Plan, you must log on <strong>to</strong> My<br />

<strong>Benefits</strong> Access <strong>to</strong> decline enrollment<br />

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