This summary is a brief outline of your benefits. Certain limitations or exclusions may apply. Read the sections that follow for more detailed information.
EMPLOYEE LIFE AND ACCIDENTAL DEATH OR DISMEMBERMENT (ADD) INSURANCE (NON-CONTRIBUTORY)
Amount equal to two times your base annual salary rounded to the next higher $1,000, but not less than $40,000
Dismemberment Insurance
GRANDFATHERED SUPPLEMENTAL LIFE AND ADD INSURANCE (CONTRIBUTORY)
If you had Grandfathered Supplemental Life and ADD Insurance under the Metropolitan Plan on December 31, 1999, you will retain that insurance under this Plan. BENECOM can provide you with the amount of your Supplemental Life and ADD Insurance.
DEPENDENT LIFE INSURANCE (NON-CONTRIBUTORY)
Spouse.....................................................$1,500
Children - 6 months to 23 years ...............$1,500
Children under 6 months of age .................$100
RETIREE LIFE INSURANCE
See "Benefits For Retirees" section for details.
If you are a Rockwell Employee (see the definition of Employee in the "Definitions" section of this SPD), you are eligible for Employee Life Insurance on the date of your employment. Employees covered under a collective bargaining agreement are not eligible unless such bargaining agreement provides for participation in this Program.
DEPENDENTS
Your Dependents are eligible for Dependent Life Insurance on the date you are eligible for coverage or on the date they become eligible Dependents, whichever is later. To see who is an eligible Dependent under this Plan, refer to the definition of Dependent in the "Definitions" section of this SPD.RETIREES
If you are a Rockwell Retiree (see definition of Retiree in the "Definitions" section of this SPD), see "Benefits for Retirees" for details about eligibility, enrollment, and cost of coverage. You are not eligible to participate in this plan if you are a terminated vested employee or if you are receiving benefits under the vested provisions of the Rockwell Retirement Plan.
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