Severance and TRW Heritage Retirement Overview - Benefits Online

Employee Cost for Benefits Continuation –Cost Sharing Period• If you qualify under this Plan, you will receive a companysubsidizedextension of your medical, dental and visionbenefits from your layoff date, at active rates, equal to oneweek for each full year of service (counted from your mostrecent hire date)• This coverage continues for a maximum of 26 weeks• Example for an employee with 20 years of service:• Last day of work is October 28, 2011• Eligible for 20 weeks continued coverage (through March 17,2012)• Medical, dental and vision benefits would continue at no costthrough November 30, 2011 and then at active rates throughMarch 17, 2012• Coverage can then be continued under COBRA throughApril 30, 2013 at full COBRA rates8