Transcription of your 2019 total pay and benefits statement
1 Your 2019 total pay and benefits statement frequently asked questions This document provides answers to frequently asked questions about your January 1, 2019, total Pay and benefits statement . The questions and answers included here generally apply to all employees. However, if you have questions about the personal information on your statement , or if you have questions about your personal situation and how it may affect your benefits , contact the Human Resources (HR) Service Center. Important: 2019 Statements Only Available Until May 31, 2019. Please note that due to the transition to a new benefits administration platform for the HR Service Center, your total Pay and benefits statement will only be available until May 31, 2019. You will not receive a printed statement in the mail. Therefore, you are strongly encouraged to print or save your statement as a PDF before May 31, so you have it for future reference.
2 After May 31, you will not be able to access your 2019 statement . Refer to the online format section for instructions on how to print and save your statement . get answers about . general questions online format what's included in your statement compensation health and welfare chevron retirement plan (CRP). employee savings investment plan (ESIP). retiree medical total Pay and benefits statement FAQs March 2019 1. Important contacts HR Service Center Customer Service Representatives are available to assist you from 6 to 5 Pacific time (8 to 7 Central time), Monday through Friday, except on holidays. 1-888-825-5247. benefits Connection website Go to this website to see your total Pay and benefits statement . You can also review your personal information, beneficiary designations and pension benefits on this website. BenefitConnect website Go to this website to see your current employee health and welfare benefit elections, details about the company's contribution toward retiree medical and the date you're first eligible for coverage.
3 You can also start your retiree pre-65 health benefits on this website, if you're eligible. total Pay and benefits statement FAQs March 2019 2. general questions Why does Chevron provide total Pay and benefits Statements? Chevron invests in you by providing an array of competitive pay and benefit programs to support you and your family. Your personalized statement provides a snapshot of your earnings and the company's investment in you. It is intended to help you understand the value of your total pay and benefits package. What's included in the total pay and benefits value pie chart? The pie chart represents the total value of Chevron's contributions to your pay and benefits . Your chart includes the following components: Annualized regular pay as of January 1, 2019. Chevron Incentive Plan (CIP) for 2017 (received in 2018).
4 Other variable pay, if applicable, including bonuses in lieu of the Chevron Incentive Plan. Increase in the value of your Chevron Retirement Plan benefit during 2018. ESIP matching contributions made by Chevron. Health and welfare benefits (medical, dental, mental health and substance abuse, and income protection programs such as disability, life and accident insurance plans). Tuition Reimbursement (if applicable). Financial Counseling (if applicable). I heard about a 2019 total Pay and benefits statement . Why didn't I get one? The 2019 total Pay and benefits Statements are available only to employees participating in Chevron's pay and benefits package. There are some employees who will not have a statement , including: employees hired after December 1, 2018. If you were hired after December 1, we were unable to complete a statement for you this year.
5 Interns on the payroll. employees on certain leaves of absence. Leaves without pay, including disability or military service leave without pay. (Employees on family and furlough leaves will have a statement .). Global offshore payroll employees. Although paid in , employees on the global offshore payroll participate in a different suite of benefits administered by their employer company in Bermuda, so we're unable to complete a statement for you. Expatriates on assignment in the Expatriates on assignment in the do not participate in every component of Chevron's pay and benefits package, so we're unable to complete a statement for you. Where can I find more information about Chevron's pay and benefit plans? In addition to your total Pay and benefits statement , you may find information about your pay and benefits online: Visit for benefit information and summary plan descriptions (SPDs).
6 Visit on the intranet for pay and compensation plans and programs. You can also contact the HR Service Center if you have questions about your Chevron benefits . total Pay and benefits statement FAQs March 2019 3. Why can't I find all of my benefits and personal information on one website? Chevron is moving to a new benefits administration platform for the HR Service Center that includes a new website called BenefitConnect. During the transition, there will be a temporary process for online access to your personal benefits information and for making online benefit changes or updates due to life events and retirement. You should access the benefits Connection website to: View and print your total Pay and benefits statement . View or change your address or other personal information. Update your beneficiary designations.
7 Manage your pension benefits , including running estimates or to start receiving your pension benefit. You should access the BenefitConnect website to: View or change your health and welfare benefits , including adding or dropping dependents from coverage. Start retiree pre-65 health benefits . Will my statement be available to view throughout the year? Due to the transition to a new benefits administration platform for the HR Service Center, your total Pay and benefits statement will only be available until May 31, 2019. Therefore, you are strongly encouraged to print or save your statement as a PDF before May 31, so you have it for future reference. After May 31, you will not be able to access your 2019 statement . Please refer to the online format section of this document for instructions on how to print and save your statement .
8 Are my contributions to my benefits included in the pie chart? For example, my ESIP contributions and the amount I pay for my health plan coverage. No, the pie chart includes only the company's contributions. However, you can view the amount you pay for each plan in the Your Contributions column in each respective table. The amount of vacation hours shown on my total Pay and benefits statement doesn't match my available vacation balance in My HR - Employee Services. Why? Your total Pay and benefits statement shows your annual vacation allowance, regardless of whether you have actually earned it. Your time balance in My HR Employee Services shows your earned vacation balance minus any vacation you have already taken. You can view your current vacation balance by going to on the Chevron intranet. Select My HR Employee Services and then choose Time Balances.
9 I know that both the company and employees pay into Social Security and Medicare. What are the amounts of company-paid Social Security and Medicare tax and why aren't they included on my total Pay and benefits statement ? You can find your per pay period and year-to-date deductions for Social Security and Medicare tax on your pay statement under the description EE Social Security Tax and EE Medicare Tax. You can view your pay statement by going to on the Chevron intranet. Select My HR Employee Services and then choose Pay statement . The company contributes equal amounts on your behalf to both Social Security and Medicare (with the exception of the additional percent Medicare tax paid by certain high-income earners). The company-paid amounts have not been shown on the total Pay and benefits Statements for several years due to data gathering complexity issues.
10 total Pay and benefits statement FAQs March 2019 4. online format Where can I find more information about the benefits shown on my total Pay and benefits statement ? To make your statement easier to read online, some information was excluded because it is available elsewhere online. For example, the Retirement Plan tab on the benefits Connection website (the same website where you view your statement ) includes modeling tools to compare and estimate your retirement plan benefit. Additional details about your health and welfare coverage, including the name and tier of your medical and dental plans and the company's contribution toward retiree medical, can be found on the BenefitConnect website. Keep in mind that your total Pay and benefits statement is a snapshot in time and reflects your pay and benefits data as of December 31, 2018, or January 1, 2019.