HII Newport News Operations Summary Plan ... - Benefits Connect

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Portability When can you NOT port your coverage • When you retire and you have access to the same coverage through a retiree option • When the Huntington Ingalls Industries, Inc. group insurance policy terminates How long will the portable coverage be in effect, and what reductions apply Can a spouse and dependent child(ren) port their coverage When can a spouse and dependent child(ren) port their coverage How long will the ported dependent coverage remain in effect Life Insurance Plan April 2011 -13- • Coverage terminates on January 1 of the year that you reach age 80 • Coverage reduces 50% on January 1 of the year that you reach age 70 • Yes, your spouse and child(ren) coverage can be ported • When your employment ends (voluntarily or involuntarily) • When you, the employee, retires • When your job changes and, as a result, you are no longer eligible to participate in the plan • When you, the employee, die • When you and your spouse divorce. • Ported employee coverage reduces at age 70 and terminates at age 80 • Ported spouse coverage continues until your spouse reaches age 70 • Ported child(ren) coverage continues until the child(ren) reaches the limiting age What amount can be ported • The maximum amount of coverage that can be ported is the current amount of coverage, up to $1,000,000 What is the minimum and maximum portable benefit Can ported coverage be increased or decreased • The minimum amount of coverage that can be ported is: • $20,000 of group term life coverage for the employee • $10,000 for the spouse • $1,000 for dependent child(ren) • Coverage cannot be increased • Coverage can be decreased; however, once coverage is decreased, it cannot be increased later Is evidence of insurability (EOI) required • No, EOI is not required Can you choose to convert your ported coverage. • You may convert the ported amount; however, the ported coverage must terminate before a conversion policy will be issued. Choosing Conversion or Portability You must choose conversion or portability in writing within 31 days of the date coverage ends. Converted coverage becomes effective the first day after the 31-day
conversion period ends. Ported coverage becomes effective the first of the month following the 31-day election period. For more information or to request a conversion or portable policy, contact the Huntington Ingalls Benefits Center (HIBC) at 1-877-216-3222. Appeal Procedure 19. What should a beneficiary do if benefits applied for are denied If a claim for benefits is wholly or partially denied, within a reasonable period of time the applicant will be provided with written notice of the denial containing: • The reasons for the denial; • Reference to the Plan provisions upon which the denial was based; • A summary of additional material or information, if any, required to complete the application; and • An explanation of the appeal procedure and your right to begin legal action if you request a review of your claim and it is denied after the review. Within 90 days from the date of receipt of the written denial notice, your beneficiary may submit a request to the Insurance Company in writing for a review of the denial. The request should contain facts that support the claim for benefits, and reasons why it should not have been denied. The request for review should be addressed and sent to: METLIFE Group Life Claims Oneida County Industrial park Oneida 5950 Airport Road Oriskany, NY 13424 The request for review will be considered by the insurance company’s Claims Group, who will provide a written response, usually within 60 days, including specific reasons for the decision. If the claim is denied on review, the written response will include: • The reasons for the denial; • Reference to the Plan provisions upon which the denial was based; • A statement that you are entitled to receive, upon request and free of charge, reasonable access to and copies of all documents, records, and other information relevant to your claim for benefits; • A statement of your right to begin a lawsuit under the Employee Retirement Income Security Act (ERISA) of 1974. Life Insurance Plan April 2011 -14-
Page 1 and 2: EMPLOYEE HANDBOOK OF SUMMARY PLAN D
Page 3 and 4: Table of Contents Eligibility .....
Page 5 and 6: Your cost for optional life insuran
Page 7 and 8: This coverage is available for elig
Page 9 and 10: For example, let’s assume: • Yo
Page 11 and 12: • The disability is considered to
Page 13 and 14: • If the Plan is terminated by th
Page 15: Conversion portability feature for
Page 19 and 20: level, neither your beneficiary nor
Page 21 and 22: Table of Contents Eligibility .....
Page 23 and 24: • Suffered by the employee within
Page 25 and 26: Upon the death of a covered depende
Page 27 and 28: insane • Commission or attempt to
Page 29 and 30: administrator will give no deferenc
Page 31 and 32: APPENDIX A (cont.) Schedule of Insu
Page 33 and 34: * A loss is defined as: • For a h
Page 35 and 36: Felonious Assault and Violent Crime
Page 37 and 38: hospital confinement (or part of a
Page 39 and 40: SUMMARY PLAN DESCRIPTION Huntington
Page 41 and 42: This Summary Plan Description (SPD)
Page 43 and 44: 10. May the designated beneficiary
Page 45 and 46: extension of time for processing th
Page 47 and 48: APPENDIX A — Schedule of Insuranc
Page 49 and 50: APPENDIX B — Additional Benefits
Page 51 and 52: Rehabilitation Benefit: The benefit
Page 57 and 58: How are benefits payable Benefits a
Page 59 and 60: Appeal Procedure 15. What procedure
Page 61 and 62: Table of Weekly Disability Insuranc
Page 67 and 68:
How the EAP Works The EAP provides
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• A specific description of the E
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Type of Claim Time to Appeal from D
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Throughout the review process, the
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Table of Contents OVERVIEW ........
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Your Contributions If you choose to
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⎯ Removal of lead-based paint to
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• Any other expenses considered n
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Ineligible Dependent Day Care Expen
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account, you cannot also claim the
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Health Care FSA Example Assume the
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enefits, you will have to manually
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• In addition, you contributed $2
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SUMMARY PLAN DESCRIPTION Huntington
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Introduction In accordance with the
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hours you are paid for working and
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savings on a before-tax basis can m
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Effective Date June 7, 2004 July 11
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securities of foreign issuers. It m
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how long you intend to have the fun
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withdrawals are subject to taxes (S
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in which you terminate employment o
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e taxable in the year of the sale.
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The request for appeal must include
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• Bonding of Plan officials, •
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writing. Participants in the Huntin
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Table of Contents Eligibility .....
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• You become an active, full-time
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• Normal Retirement ⎯ Refer to
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• January 1, 1994−December 31,
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Calendar Year Months Hours per mont
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Your Minimum Benefit will be reduce
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join the Pension Plan on July 1, 19
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If you retire early and begin your
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20. For all types of retirement, ar
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• A pension at your Normal Retire
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You will receive a notice of suspen
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• The Pension Plan is terminated
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• A legible copy of your spouse
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A Joint and Survivor (J&S) with Pop
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The Participant’s estimated Socia
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The Participant receives a monthly
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If the Participant marries after co
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The spouse may elect to defer comme
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• A description of additional mat
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Administration of the Plan 48. How
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Benefits under this Plan are insure
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Rollovers by Non-Spouse Beneficiari
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Table of Contents Introduction ....
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Plan. The plan document sets forth
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4. What is included in hours paid f
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investment performance could result
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Vesting 16. What is “vesting” a
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Besides having the right to appeal,
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Subject to the terms of the Collect
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which agreement is effective Octobe
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Applying for Your Retirement Benefi
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Top Heavy Rules ...................
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Vesting If you participated in the
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DETAILS ABOUT THE CASH BALANCE PLAN
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30-year Treasury Bond Annual Rate F
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Points on August 31, 2008 (age plus
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• Hire date: November 29, 2004
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Once you become vested, you are alw
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• If you have 10 or more years of
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payment or even a forfeiture of ben
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50% joint and survivor annuity with
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3. To determine the amount your spo
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Calculating 75% Joint and Survivor
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The factors shown in this table are
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In the chart, age 65 corresponds to
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Type of Approved Leave Qualifying m
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• You have 75 points (refer to
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cannot be determined, you receive e
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• Individuals hired by an outside
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Vesting in Your Benefit Vesting mea
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Your Total Contributions multiplied
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Age at Which You Begin Receiving Be
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• A legible copy of your marriage
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level income option. However, your
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For example, let’s assume: • Yo
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• $875.00 + ($1,000.00 x 0.590) =
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Factors for Calculating Certain and
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Type of Approved Leave Unpaid famil
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The amount of your spouse's monthly
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Final Monthly Rate From Through Mon
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Hours for this purpose are usually
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There are specific requirements tha
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Appealing Claims Decisions If you d
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When plan amendments are made that
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COMMONLY USED ACRONYMS Following ar
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Table of Contents Plan Description
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Claims Administrator Vision Service
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How to Use the Vision Plan If you w
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Fiduciary Responsibility The Plan A
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Additional Information about the Ap
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Table of Contents Plan Description
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• Debt Collection Defense • Doc
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The Group Legal Plan gives you acce
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WILL AND ESTATE MATTERS Probate (10
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issues; or any matter where the cre
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Mortgages This service covers the p
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INSURANCE MATTERS Insurance Claims
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Juvenile Court Defense This service
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EXCLUSIONS Excluded services are th
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this Plan. However, if you are elig
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SUMMARY PLAN DESCRIPTION (Supplemen
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Medicare Premium Reimbursement Prog
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Administrative This summary plan de
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Page 289 and 290:
This Summary Plan Description (SPD)
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What is Covered The following items
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would pay $0, so the Plan would pay
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If services under the Plan are deni
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Post-Service Claims. There are two
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Appendix I: List of Participating P
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Page 303 and 304:
Introduction The benefit plans desc
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• Gives you the right to sue for
Page 307 and 308:
Security Administrator (formerly kn
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HIPAA Privacy Rights Title II of th
Page 311 and 312:
Your Rights Under HIPAA You have th
Page 313 and 314:
If you are on a leave of absence du
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Event Within 31 days of the qualifi
Page 317 and 318:
Benefit Option What Happens During
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Benefit Option Weekly Disability In
Page 321 and 322:
Dependent Day Care Flexible Spendin
Page 323 and 324:
If You Transfer If you transfer fro
Page 325 and 326:
If Your Employment Ends Due to a La
Page 327 and 328:
If Your Employment Ends Due to Disa
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continues provided the required pre
Page 331 and 332:
Newly Eligible Child If you, the fo
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efore the end of the original 18-mo
Page 335 and 336:
Uniformed Services Employment and R
Page 337 and 338:
change the amount of required emplo
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Contact Information: Vision Plan ER
Page 341 and 342:
Contact Information: Dependent Care
Page 343 and 344:
Contact Information: Business Trave
Page 345 and 346:
Source of Contributions: Premiums a
Page 347 and 348:
Contact Information: Employee Assis
Page 349 and 350:
Plan Sponsor/Employer EIN 90-060700
Page 351 and 352:
Plan Number: 107 Plan Name: Plan Ad
Page 353 and 354:
Contact Information: Retiree Prescr
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HII Newport News Operations Summary Plan ... - Benefits Connect

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