Page 24 - Ches User's Guide 2018 v1.4
P. 24

401(k) Plan

               The Chesapeake 401(k) plan provides                  Joining the Program
               an opportunity for you to build a financial          employees are eligible to participate

               reserve to use when you retire.                      in the Chesapeake 401(k) plan upon

               You receive company contributions and                employment. Note: Employees who
               tax advantages when you participate,                 do not make an affirmative election
               and you have choices about how much                  will have automatic contributions of
               to contribute and how you invest. Plus,              4% beginning 60 days following the

               putting money into a 401(k) allows you to            eligibility date. You may enroll in the
               borrow money or make a withdrawal for                plan at any time.
               certain emergencies.

                22   2018 ToTAl ReWARdS GUIde
   19   20   21   22   23   24   25   26   27   28   29