Pension
Calculations
Pension
calculations for the fixed benefit plan and the cash balance plan can now be
done on-line.
This
new pension site is available for union Honeywell employees by the pension plan
administrator Hewitt Associates. It contains pension information and allows you
to "run-the-numbers" on your pension by picking when you want to
retire and letting Hewitt do the calculations automatically. The results take
only seconds and can be saved in your file or printed for your convenience.
Access
to the site is controlled by your EID or Social Security number and your
personal access code number. If you
don't have a personal access code you can click on the link that says Register
as a New User on the Log In page and obtain one. If you can't remember your
password a new one can be issued.
Get
on the internet; open your browser and type this address into your address line
and click on "go"
http://resources.hewitt.com/honeywell
You
will automatically go to the Log In page.
Save
this page in your "favorites" internet address list.
The
Hewitt site contains useful information but
it does NOT explain double dipping, severance packages, healthcare,
life insurance, taxes and many other issues associated with
retirement. For those questions call the union hall and talk to a union officer.
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