Page 24 - Ches User's Guide 2018 v1.5 1-18-18
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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
