Huntington Ingalls Industries Savings Plan ... - Benefits Connect

Huntington Ingalls Industries
Savings Plan SPD
March 2011
A Guide to Your Huntington Ingalls Industries Savings
Plan
Whether your retirement is years away or right around the corner, saving for the future is
something you can’t afford not to do. Why Because Social Security and your pension
benefits alone are not enough. A large part of your retirement income will need to come
from you.
The Huntington Ingalls Industries Savings Plan makes it easier for you to save with
valuable tax advantages and convenient payroll deductions. This summary plan
description (SPD) is your guide to how the Plan works.
If you have questions not answered here, contact the Huntington Ingalls Benefits Center
(HIBC) at 1-877-216-3222 to speak to a benefits service representative. Benefits service
representatives are available to answer your questions Monday through Friday, 9:00 a.m.
to 6:00 p.m. Eastern time, excluding holidays.
Huntington Ingalls Industries reserves the right to suspend, reduce, or discontinue
contributions to the Huntington Ingalls Industries Savings Plan. Huntington Ingalls
Industries 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 Huntington Ingalls Industries Savings
Plan, effective as of March 31, 2011. It presents a summary only and does not contain
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 express contract of employment.
The actual terms of the Plan are contained in the Plan documents, which are available
from the HIBC. To request the Plan documents, call the HIBC at 1-877-216-3222. If you
need information about any savings plans that have been merged into this Plan, you can
refer to the plan documents or SPDs for those plans, which are also 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.
This document constitutes part of a prospectus covering securities that have been
registered under the Securities Act of 1933, for issuance under the Plan.
Huntington Ingalls Industries is subject to the informational requirements of the Securities
Exchange Act of 1934 and, in accordance therewith, files reports and other information
with the Securities and Exchange Commission. Please refer to the section in this SPD
entitled, “Information Provided Pursuant to Federal Securities Laws” for more information.
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