Severance and TRW Heritage Retirement Overview - Benefits Online

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Retiree Medical – Access Only Eligibility• If you were hired after the freeze date, or your heritagecompany did not offer a retiree medical plan, you areeligible for Access Only Retiree Medical coverage if youmeet the following requirements:– At least age 55 with a minimum of 10 Years ofService– At least age 65 with a minimum of 5 Years of Service• Access Only offers the same retiree medical planoptions but the costs are not subsidized by NorthropGrumman22
Retiree Medical – Special Layoff Provision• If you do not currently meet the age and servicerequirements for a Heritage or Access Only plan youmay still qualify for Retiree Medical if you are:– At least 53 on the layoff date with a minimum of 10 yearsof service– Under age 53 but have 75 points (age + years of service)• Those employees who meet the criteria above maycommence Retiree Medical coverage the first of anymonth after attaining age 55 by contacting the NorthropGrumman Benefits Center23
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 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 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

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