Severance and TRW Heritage Retirement Overview - Benefits Online

More documents

Recommendations

Info

Example: Employee with 20 YOSLast Day Worked: October 28, 2011No Cost Period Cost Share Period Full Cost Period/COBRAOctober 29 November 30 December 1 March 17, 2012April 30, 2013Start of 18 monthCOBRA periodNovember 1, 2011 – April 30, 2013End of 18 monthCOBRA period10
Paying for your Benefits• You will be billed for your continuation of coverageby the Northrop Grumman Benefits Center• The first bill will be sent shortly after thetermination of your active benefits• Subsequent bills are prepared on the 10 th of eachmonth and mailed on the 15 th• Payment is due on the 1 st of the month, inadvance, with a 30-day grace period11
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: Employee Cost for BenefitsContinuat
Page 13 and 14: Miscellaneous Information• If you
Page 15 and 16: Life and Accidental Death & Dismemb
Page 17 and 18: Northrop Grumman Savings Plan• Yo
Page 20 and 21: Retiree Medical
Page 22 and 23: Retiree Medical - Access Only Eligi
Page 24 and 25: Retiree Medical - Enrollment Option
Page 26 and 27: Northrop GrummanPension Program•
Page 28 and 29: Vesting Requirements• Vesting mea
Page 30 and 31: Retirement Eligibility• TRW Herit
Page 32 and 33: TRW Heritage -Part A Lump Sum Optio
Page 34 and 35: Payment Options• Parts A, greater
Page 36 and 37: Northrop Grumman Benefits Center (N

Severance and TRW Heritage Retirement Overview - Benefits Online

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?