13.07.2015 Views

Severance and TRW Heritage Retirement Overview - Benefits Online

Severance and TRW Heritage Retirement Overview - Benefits Online

Severance and TRW Heritage Retirement Overview - Benefits Online

SHOW MORE
SHOW LESS
  • No tags were found...

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

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Special Layoff Provision• If you are laid off before reaching age 55, you mayelect an early retirement benefit to begin at age 55,or the first of any subsequent month, if you have:– Attained age 53 with 10 or more years of vestingservice at the time of your layoff or– Have 75 points or higher on the date of your layoff(age + service)• Early retirement factors will be used for benefitcalculation if you meet the requirements of thisprovision33

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!