Severance and TRW Heritage Retirement Overview - Benefits Online

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Flexible Spending Accounts (FSAs)Health Care Flexible Spending Account• Your before-tax contributions cease as of your layoff date.• Only expenses incurred prior to your layoff date are eligible forreimbursement.• You may choose to continue FSA coverage through COBRA by makingafter-tax contributions. This allows you to file claims for expensesincurred after your layoff date, but no later than the end of the plan year.• Claims must be submitted by December 31 following the end of the planyear.Dependent Day Care Flexible Spending Account• Your before-tax contributions cease as of your layoff date.• Claims may be filed for expenses incurred through the end of the planyear and must be submitted by December 31 following the end of theplan year.14
Life and Accidental Death & Dismemberment(AD&D) Insurance• Your Company-provided Basic Life and AD&D, as wellas your Optional Life and AD&D Insurance coverage,ends on your layoff date• Continuation of Life Insurance must be elected within31 days of your layoff date.• Continuation of AD&D Insurance must be electedwithin 90 days of your layoff date.• Conversion/portability forms are available onBenefits OnLine or by contacting the NorthropGrumman Benefits Center at 1-800-894-419415
Page 1 and 2: The Northrop GrummanSeverance Plana
Page 3 and 4: Severance PlanEligibility
Page 5 and 6: Health Benefitsand Savings Plan
Page 7 and 8: Employee Cost for Benefits Continua
Page 9 and 10: Employee Cost for BenefitsContinuat
Page 11 and 12: Paying for your Benefits• You wil
Page 13: Miscellaneous Information• If you
Page 17 and 18: Northrop Grumman Savings Plan• Yo
Page 19 and 20: Northrop Grumman Savings Plan - Tax
Page 21 and 22: Retiree Medical - Heritage Eligibil
Page 23 and 24: Retiree Medical - Special Layoff Pr
Page 25 and 26: Retirement Plan OverviewFor TRW Her
Page 27 and 28: TRW Heritage Retirement BenefitsPar
Page 29 and 30: • Normal RetirementWhen can you r
Page 31 and 32: Early Retirement Factors - TRW Part
Page 33 and 34: Special Layoff Provision• If you
Page 35 and 36: Benefits OnLine Home PageYou canlog
Page 37: Questions?37

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