JUL - Bath Iron Works
JUL - Bath Iron Works
JUL - Bath Iron Works
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Wellness and Benefits<br />
Retirement What-Ifs<br />
Ever wondered what your pension<br />
would amount to if you decided to<br />
retire this year? Of what it might be<br />
in 10 or maybe 20 years from now?<br />
Whether you are within a few years of retiring<br />
or years away, you might be interested<br />
in recent improvements which make it easy<br />
for you to project your BIW pension benefits.<br />
While manually calculating pension<br />
projections once took days to complete, you<br />
can now do it yourself, on your own time,<br />
using online tools. BIW Benefits urges you<br />
to investigate how easy it is.<br />
Whether you are considering retirement<br />
in the short-term or planning for the future,<br />
there is a wealth of information about the<br />
pension plan and the Savings and Stock<br />
Investment Plan (SSIP) on the General<br />
Dynamics Service Center web site<br />
(www.gdbenefits.com). You can project<br />
a pension benefit (click: Your Benefits<br />
Resources, then Project Your Retirement<br />
Income), manage your Savings and Stock<br />
Investment Plan, use the retirement checklist<br />
to help walk you through the retirement<br />
process, and learn how your benefit is calculated.<br />
If you do not have internet access,<br />
you can request that a projection be mailed<br />
to you by calling the GD Service Center at<br />
1-888-432-3633.<br />
Assistance is available for LS6 participants<br />
in the IAM National Pension Fund by<br />
calling your Benefit Committee member at<br />
ext. 3951. LS7 IAM participants can reach<br />
their Benefit Committee member at ext.<br />
2639. Both LS6 and LS7 members can call<br />
IAM at 1-800-424-9608.<br />
BUILDING HEALTHY WAYS<br />
LUNCH TIME TALKS ON DVD<br />
Last month, area tobacco specialists presented<br />
lunch time talks on two topics—<br />
Making it Through the Day Tobacco-Free<br />
and Thinking About Quitting Tobacco.<br />
If you missed the sessions, both talks will<br />
be available on DVD. To request a copy<br />
email your name, badge number and mail<br />
stop to buildinghealthyways@gdbiw.com<br />
or call the Benefits Help Desk at ext.<br />
2527. Help is available to quit tobacco if<br />
you need it. For a list of what’s available,<br />
call the Benefits Help Desk at ext. 2527<br />
or click the Tobacco-Free button on the<br />
intranet home page.<br />
If you are ready to set the retirement<br />
process in motion, there are a few things<br />
to remember:<br />
• You’ll need your password to project or<br />
initiate your retirement. Contact the GD<br />
Service Center at www.gdbenefits.com<br />
or 1-888-432-3633 if you need a password.<br />
• Take care of the paperwork. When you<br />
have initiated your retirement, you will<br />
receive a packet of information from the<br />
GD Service Center. Make sure to<br />
review, sign (in some cases spouse/beneficiary,<br />
too), date and return the authorization<br />
form to the GD Service Center<br />
at the address provided in the packet.<br />
• Call Benefits. When you initiate your<br />
retirement (either online or over the<br />
phone) call the Benefits Help Desk at<br />
207-442-2527 to let us know your last<br />
day of work. It’s important not to skip<br />
this step!<br />
• A self-service retirement may not be for<br />
everyone. If you are ready to retire and<br />
want some help with the process, call<br />
Kurt Caswell at 207-442-3415 or the<br />
Benefits Help Desk at 207-442-2527 to<br />
set up a meeting.<br />
If you are interested in learning more<br />
about money management or retirement<br />
planning, stay tuned for more information<br />
about upcoming after-hours classes.<br />
RemindsYou<br />
June 2009<br />
Retirees<br />
Dept.<br />
FILL OUT YOUR KEEP MOVIN’ ACTIVITY CARD<br />
Keep Movin’ is a 2-month activity program<br />
that runs through August 30. Remember to<br />
fill out your Keep Movin’ Activity Card and<br />
return the completed card by September 8<br />
to be entered into a drawing for 10 (5 for<br />
employees and 5 for family) $50-valued<br />
prizes. There are also two $250 grand<br />
prizes drawings for employees.<br />
Additional cards and program details<br />
are available at the locations to the right.<br />
Name<br />
11-00 Phyllis A. Cook<br />
30 Years, 7 Months<br />
Pipecoverer III<br />
19-00 Neil R. Yannayon<br />
20 Years, 1 Month<br />
Electrician III<br />
27-00 Joseph A. Roy, Jr.<br />
41 Years, 11 Months<br />
Preservation Tech III<br />
27-00 Nancy L. Vaillancourt *<br />
21 Years<br />
Preservation Tech III<br />
40-00 William G. Stees<br />
45 Years<br />
Senior Engineer<br />
43-00 Anthony W. Brann<br />
37 Years, 10 Months<br />
Welder III<br />
51-00 Kathy L. Wing<br />
14 Years, 2 Months<br />
Clerk, Filing/General<br />
81-00 Elezear E. Reno<br />
30 Years, 7 Months<br />
Material Clerk III<br />
*Retired March 2009<br />
• Main Yard – Benefits Help Desk and<br />
Employee Store<br />
• BIP – Gerry Pepin<br />
• CROF – Nancy Larsen, Jessica<br />
McMillan, Linda Wood<br />
• CW – Hazel Baise<br />
• EBMF – Deena Bennett<br />
• Hardings – Jean Barnes<br />
• James – Phil Coyne, Hazel Meserve,<br />
Bill Schumaker<br />
BIW NEWS | July 2009 | 5