BWXT Y•12 - About Your Benefits - How Changes Affect Your Benefits

Steps to Take If You Get Married ...

Notify the Benefit Plans Office to update your retirement records if your name changes. In addition, make sure the Benefit Plans Office knows of any address changes.

Notify the Social Security Administration of any name changes.

Change your benefit elections within 30 days of your marriage. Note: You cannot add a spouse or children to your medical or dental coverage as a result of you remarrying after retirement.

Update your savings program beneficiary records. Keep in mind that if you have been married for at least one year and you want to designate someone other than your spouse as your beneficiary, you must have your spouse’s written and notarized consent. Contact CitiStreet or the Benefit Plans Office for more information.

Make any beneficiary change to your life insurance.

Steps to Take If You Get Divorced …

Notify the Benefit Plans Office to update your retirement records if your name changes. Make sure the Benefit Plans Office knows of any address changes.

Notify the Social Security Administration of any name changes.

You must change your benefit elections within 30 days of the date your divorce is final. A copy of the divorce decree is required when you drop coverage for your ex-spouse. You or your ex-spouse has 60 days to notify the Benefit Plans Office in order to obtain COBRA benefits. Refer to the “Administrative Information” section for more information.

Add your Eligible Dependents to your medical and dental coverage if a court establishes that you must provide coverage for dependent children.

Update your life insurance and savings program beneficiary records. Life insurance forms are available from the Benefit Plans Office. You can request a savings program beneficiary form by calling the savings program information line.

Contact the Benefit Plans Office if you think a court may issue a qualified domestic relations order (or “QDRO”) granting your former spouse the right to receive any pension or savings benefits. You will be sent important information about the procedures and requirements for QDROs.

Steps To Take If You Are Expecting or Adopting a Child

If You or Your Spouse is Pregnant …
Both men and women should contact the Benefit Plans Office and ask about the steps you need to take, and deadlines you need to meet, to add your baby to your coverage. This will help you maximize your available benefits.

In-Network Benefits
Schedule prenatal appointments. You will pay a physician office copayment only at the initial visit under the point-of-service plans.

Interview and choose a network pediatrician for your child to receive in-network benefits after your child is born. Well-child care and immunizations are covered only when you receive them from a network pediatrician. Your baby’s first visit will be in the hospital after delivery, so consider choosing a pediatrician who has admitting privileges at your hospital to ensure that you receive in-network benefits for that visit.

YOU MUST COMPLETE AND RETURN ENROLLMENT FORMS WITHIN 30 DAYS OF THE BIRTH OR THE BABY WILL NOT BE COVERED — no exceptions.

Your OB/GYN will precertify your hospital or birthing center admission.

Present your medical ID card when you are admitted to the hospital or birthing center. You may have to pay your share of the hospital cost at admission.

Before the fourth month of pregnancy, you should call CIGNA Member Services to precertify your maternity admission. Refer to the back of your identification card for contact information.

If You Adopt a Child …
Interview and choose a pediatrician. If you are in a Point-of-Service Plan, you must choose a primary care physician for your child from the provider directory to receive in-network benefits, including coverage for well-child care.

When Your Child Arrives

Enroll your newborn or newly adopted Child for medical benefits within 30 days so your Child’s medical expenses will be covered from the date of birth or adoption. You have up to age one to enroll the Child for dental coverage under MetLife and up to age three under Delta Dental. Call the Benefit Plans Office to request a change form or print a form from your Company’s benefit forms web page.

Steps to Take If You Die
When you die, your family member should notify the Benefit Plans Office of your death. Benefit Plans will assist your family members in completing the appropriate forms.

Steps to Take If You Lose a Spouse or Child
When you lose a spouse or child, you should notify the Benefit Plans Office.

Change your medical and dental coverage within 30 days of the death, if coverage changes are appropriate.

Review your beneficiary elections for life insurance and the savings program.

Steps to Take If You or Your Spouse Is Admitted to a Long Term Care Facility
When you or your spouse are admitted to along term care facility, contact the Benefit Plans Office. Changes in your medical or prescription drug plan may be necessary.

What Happens to Your Benefits If You Die
Here is what happens to your benefits if you die:

Medical (Including Prescription Drugs and Vision Care) and Dental
If your spouse is under age 65, he or she may continue medical coverage (including prescription drugs and vision care) and/or dental coverage by paying the appropriate premiums (full premium cost if you had less than 10 years of full-time service when you retired; retiree share of premium cost if you had more than 10 years of full-time service when you retired).

Your spouse can continue this coverage until he or she becomes age 65. At age 65, your surviving spouse may transfer to the Major Medical Medicare Supplement Plan.

If, when you die, you do not have a spouse but have other Eligible Dependents, your Eligible Dependents may continue their coverage through COBRA. Refer to the “Administrative Information” section for more information on COBRA.

Major Medical Medicare Supplement Plan
If your spouse is age 65 or over, your spouse may elect to remain in the plan, subject to plan qualifications and plan continuation.

Long Term Care
Your spouse may continue his or her coverage by paying monthly premiums to the insurance company.

Life Insurance
Your beneficiary will receive a basic life insurance benefit and a supplemental life insurance benefit, depending on the coverage you were eligible for and elected.

Pension Plan
Your surviving spouse/beneficiary will receive any survivor benefit. The Benefit Plans Office will contact your beneficiary to provide information about any plan benefits that might be payable.

Savings Program
Your beneficiary may receive your full account balance in a lump sum. However, your spousal beneficiary may choose either a lump-sum payment or monthly installment payments over a five-year period. Your spousal beneficiary may also elect to defer payment until the latest date permitted by the tax law.