Separation Pay
Separation Pay Plan
Summary Plan Description
July 1, 2009
Introduction1
Who Is Covered3
Workforce Reduction5
Plan Administration6
Supplemental Unemployment Benefit Pay7
How the Plan Provides Regular Separation Pay or Sub Pay9
Qualifying for Regular Separation Pay or Sub Pay9
What Does Not Constitute a Qualified Separation10
Regular Separation Pay or Sub Pay Amount12
Formula12
Some Examples12
Minimum Regular Separation Pay or Sub Pay12
How Weekly Base Pay and Continuous Service Are Determined12
When Regular Separation Pay or Sub Pay Is Not Paid14
Qualifying for Non-Regular Separation Pay15
Payment of Separation Pay or Sub Pay16
When Separation Pay or Sub Pay Begins16
When Separation Pay or Sub Pay Ends16
Rehired Employees16
Death17
Breach of Release or Restrictive Covenant Agreement18
Claims and Appeals Procedures19
General Information19
Procedure for Filing a Claim19
Initial Claim Review20
Initial Benefit Determination20
Timing of Notification on Initial Claim20
Manner and Content of Notification of Denied Claim20
Review of Initial Benefit Determination20
Procedure for Filing an Appeal of a Denial20
Review Procedures for Denials21
Timing of Notification of Benefit Determination on Review21
Manner and Content of Notification of Benefit Determination on Review21
Legal Action22
Situations Affecting Your Benefits23
General Information23
Right of Recovery23
No Assignment23
If the Plan Is Modified or Ended23
Non-Duplication of Benefits and Offsets23
Benefits Paid Outside the Plan23
Benefits Inside the Plan24
Other Offsets24
Administrative and Contact Information25
General Information25
Type of Plan25
Plan Sponsor25
Employer Identification Number of Plan Sponsor25
Plan Name and Number25
Plan Year End25
Agent for Service of Legal Process25
Administrator25
Trustee25
Administrative Fiduciary26
Appeals Fiduciary26
Sub Pay Administrator26
Allocation and Delegation of Fiduciary Responsibilities by a Named Fiduciary26
Plan Costs26
For Employees of New Subsidiaries26
Your ERISA Rights27
General Information27
Receive Information About Your Plan and Benefits27
Prudent Actions by Plan Fiduciaries27
Enforce Your Rights27
Assistance With Your Questions28