Frequently Asked Questions (FAQs)

The limited summary information on this page is provided for your convenience. The benefit plans are governed by official plan documents that apply in the case of discrepancy. See the Benefits Handbook (login required for hyperlink to be active) for more details about benefit plans and company policies.

General FAQs

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I want to retire next month. What do I need to do?

Consider meeting with one of our NestEgg U financial coaches to review your options for your 401(k) account as you approach retirement. See the Benefits Handbook Retirement section for additional details a about the options available to you and the steps you need to take to prepare for retirement. Also, review the information in Benefit Plan Options for Employees Leaving the Company about health coverage and other company benefits. Be sure to work closely with your local HR representative to ensure all arrangements are in place prior to your last day of work.

Can I name my children as beneficiaries for PSSP?

Yes. However, if you are married, and want to name anyone other than your spouse as primary beneficiary, your spouse must sign a written, notarized consent on your PSSP Beneficiary Designation form.

Category: Retirement
Do we have retiree health care?

No. The Company only provides health care coverage for active employees and their dependents.

You become eligible for Medicare coverage at age 65. If you apply three months prior to your 65th birthday, your coverage will begin on the first day of the month that you turn 65.

If you are not yet eligible for Medicare when you retire, you should consider continuing coverage for yourself and your dependents temporarily through COBRA, at a cost to you of 102% of the Company’s cost. For more information about COBRA coverage, see "Continuing Coverage" in your benefits handbook. To ensure you receive an election form, contact Member Services at (855) 979-5192, or talk with your local HR representative. Under the law, to be eligible for COBRA coverage you must send your completed election form to the COBRA Administrator postmarked within 60 days of your last day of work or the date you receive your COBRA election package, if later.

After COBRA ends, you should be able to obtain insurance on an individual basis from an insurer or your state's "HIPAA" coverage pool, even if you have health problems. For more information, contact your state's insurance department.

Category: Retirement
If I'm still working at Alliance, do I have to take my money out of the PSSP by a certain age?

Generally, you can leave your money in the Plan while you are still working at Alliance. See the Benefits Handbook for more information.

Category: Retirement
How do I add a beneficiary to my 401(k) account?

Change the beneficiary designation on your Profit Sharing and Savings account (your 401(k) account) by completing a PSSP Beneficiary Designation form.

Category: Retirement
Where can I find information about Qualified Domestic Relations Order (QDRO) procedures for the 401(k) Plan?

A description of the QDRO procedures can be found in the Benefits Handbook. After logging in, visit Retirement > Profit Sharing and Savings Plan > Appendix: QDRO Procedures.

Category: Retirement
Can I name a Trust as a beneficiary to my 401(k) account?

Yes. Complete a PSSP Beneficiary Designation form. In the space where a name and relationship would be entered, write "To [name of your Trustee], or the successor Trustee of the [name of the Trust] dated [date of the Trust], including any amendments to the Trust." The Plan Administrator will contact you for additional information needed to complete the beneficiary designation. If you are married, and if you are designating the Trust as your primary beneficiary, your spouse must sign a written, notarized consent on the form, allowing you the make the Trust your primary beneficiary. 

Category: Retirement

Family Events FAQs

I want to retire next month. What do I need to do?

Consider meeting with one of our NestEgg U financial coaches to review your options for your 401(k) account as you approach retirement. See the Benefits Handbook Retirement section for additional details a about the options available to you and the steps you need to take to prepare for retirement. Also, review the information in Benefit Plan Options for Employees Leaving the Company about health coverage and other company benefits. Be sure to work closely with your local HR representative to ensure all arrangements are in place prior to your last day of work.

Can I name my children as beneficiaries for PSSP?

Yes. However, if you are married, and want to name anyone other than your spouse as primary beneficiary, your spouse must sign a written, notarized consent on your PSSP Beneficiary Designation form.

Category: Retirement

Do we have retiree health care?

No. The Company only provides health care coverage for active employees and their dependents.

You become eligible for Medicare coverage at age 65. If you apply three months prior to your 65th birthday, your coverage will begin on the first day of the month that you turn 65.

If you are not yet eligible for Medicare when you retire, you should consider continuing coverage for yourself and your dependents temporarily through COBRA, at a cost to you of 102% of the Company’s cost. For more information about COBRA coverage, see "Continuing Coverage" in your benefits handbook. To ensure you receive an election form, contact Member Services at (855) 979-5192, or talk with your local HR representative. Under the law, to be eligible for COBRA coverage you must send your completed election form to the COBRA Administrator postmarked within 60 days of your last day of work or the date you receive your COBRA election package, if later.

After COBRA ends, you should be able to obtain insurance on an individual basis from an insurer or your state's "HIPAA" coverage pool, even if you have health problems. For more information, contact your state's insurance department.

Category: Retirement

If I'm still working at Alliance, do I have to take my money out of the PSSP by a certain age?

Generally, you can leave your money in the Plan while you are still working at Alliance. See the Benefits Handbook for more information.

Category: Retirement

How do I add a beneficiary to my 401(k) account?

Change the beneficiary designation on your Profit Sharing and Savings account (your 401(k) account) by completing a PSSP Beneficiary Designation form.

Category: Retirement

Where can I find information about Qualified Domestic Relations Order (QDRO) procedures for the 401(k) Plan?

A description of the QDRO procedures can be found in the Benefits Handbook. After logging in, visit Retirement > Profit Sharing and Savings Plan > Appendix: QDRO Procedures.

Category: Retirement

Can I name a Trust as a beneficiary to my 401(k) account?

Yes. Complete a PSSP Beneficiary Designation form. In the space where a name and relationship would be entered, write "To [name of your Trustee], or the successor Trustee of the [name of the Trust] dated [date of the Trust], including any amendments to the Trust." The Plan Administrator will contact you for additional information needed to complete the beneficiary designation. If you are married, and if you are designating the Trust as your primary beneficiary, your spouse must sign a written, notarized consent on the form, allowing you the make the Trust your primary beneficiary. 

Category: Retirement

Career Events FAQs

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I want to retire next month. What do I need to do?

Consider meeting with one of our NestEgg U financial coaches to review your options for your 401(k) account as you approach retirement. See the Benefits Handbook Retirement section for additional details a about the options available to you and the steps you need to take to prepare for retirement. Also, review the information in Benefit Plan Options for Employees Leaving the Company about health coverage and other company benefits. Be sure to work closely with your local HR representative to ensure all arrangements are in place prior to your last day of work.

Can I name my children as beneficiaries for PSSP?

Yes. However, if you are married, and want to name anyone other than your spouse as primary beneficiary, your spouse must sign a written, notarized consent on your PSSP Beneficiary Designation form.

Category: Retirement
Do we have retiree health care?

No. The Company only provides health care coverage for active employees and their dependents.

You become eligible for Medicare coverage at age 65. If you apply three months prior to your 65th birthday, your coverage will begin on the first day of the month that you turn 65.

If you are not yet eligible for Medicare when you retire, you should consider continuing coverage for yourself and your dependents temporarily through COBRA, at a cost to you of 102% of the Company’s cost. For more information about COBRA coverage, see "Continuing Coverage" in your benefits handbook. To ensure you receive an election form, contact Member Services at (855) 979-5192, or talk with your local HR representative. Under the law, to be eligible for COBRA coverage you must send your completed election form to the COBRA Administrator postmarked within 60 days of your last day of work or the date you receive your COBRA election package, if later.

After COBRA ends, you should be able to obtain insurance on an individual basis from an insurer or your state's "HIPAA" coverage pool, even if you have health problems. For more information, contact your state's insurance department.

Category: Retirement
If I'm still working at Alliance, do I have to take my money out of the PSSP by a certain age?

Generally, you can leave your money in the Plan while you are still working at Alliance. See the Benefits Handbook for more information.

Category: Retirement
How do I add a beneficiary to my 401(k) account?

Change the beneficiary designation on your Profit Sharing and Savings account (your 401(k) account) by completing a PSSP Beneficiary Designation form.

Category: Retirement
Where can I find information about Qualified Domestic Relations Order (QDRO) procedures for the 401(k) Plan?

A description of the QDRO procedures can be found in the Benefits Handbook. After logging in, visit Retirement > Profit Sharing and Savings Plan > Appendix: QDRO Procedures.

Category: Retirement
Can I name a Trust as a beneficiary to my 401(k) account?

Yes. Complete a PSSP Beneficiary Designation form. In the space where a name and relationship would be entered, write "To [name of your Trustee], or the successor Trustee of the [name of the Trust] dated [date of the Trust], including any amendments to the Trust." The Plan Administrator will contact you for additional information needed to complete the beneficiary designation. If you are married, and if you are designating the Trust as your primary beneficiary, your spouse must sign a written, notarized consent on the form, allowing you the make the Trust your primary beneficiary. 

Category: Retirement

Health Care FAQs

/

I want to retire next month. What do I need to do?

Consider meeting with one of our NestEgg U financial coaches to review your options for your 401(k) account as you approach retirement. See the Benefits Handbook Retirement section for additional details a about the options available to you and the steps you need to take to prepare for retirement. Also, review the information in Benefit Plan Options for Employees Leaving the Company about health coverage and other company benefits. Be sure to work closely with your local HR representative to ensure all arrangements are in place prior to your last day of work.

Can I name my children as beneficiaries for PSSP?

Yes. However, if you are married, and want to name anyone other than your spouse as primary beneficiary, your spouse must sign a written, notarized consent on your PSSP Beneficiary Designation form.

Category: Retirement
Do we have retiree health care?

No. The Company only provides health care coverage for active employees and their dependents.

You become eligible for Medicare coverage at age 65. If you apply three months prior to your 65th birthday, your coverage will begin on the first day of the month that you turn 65.

If you are not yet eligible for Medicare when you retire, you should consider continuing coverage for yourself and your dependents temporarily through COBRA, at a cost to you of 102% of the Company’s cost. For more information about COBRA coverage, see "Continuing Coverage" in your benefits handbook. To ensure you receive an election form, contact Member Services at (855) 979-5192, or talk with your local HR representative. Under the law, to be eligible for COBRA coverage you must send your completed election form to the COBRA Administrator postmarked within 60 days of your last day of work or the date you receive your COBRA election package, if later.

After COBRA ends, you should be able to obtain insurance on an individual basis from an insurer or your state's "HIPAA" coverage pool, even if you have health problems. For more information, contact your state's insurance department.

Category: Retirement
If I'm still working at Alliance, do I have to take my money out of the PSSP by a certain age?

Generally, you can leave your money in the Plan while you are still working at Alliance. See the Benefits Handbook for more information.

Category: Retirement
How do I add a beneficiary to my 401(k) account?

Change the beneficiary designation on your Profit Sharing and Savings account (your 401(k) account) by completing a PSSP Beneficiary Designation form.

Category: Retirement
Where can I find information about Qualified Domestic Relations Order (QDRO) procedures for the 401(k) Plan?

A description of the QDRO procedures can be found in the Benefits Handbook. After logging in, visit Retirement > Profit Sharing and Savings Plan > Appendix: QDRO Procedures.

Category: Retirement
Can I name a Trust as a beneficiary to my 401(k) account?

Yes. Complete a PSSP Beneficiary Designation form. In the space where a name and relationship would be entered, write "To [name of your Trustee], or the successor Trustee of the [name of the Trust] dated [date of the Trust], including any amendments to the Trust." The Plan Administrator will contact you for additional information needed to complete the beneficiary designation. If you are married, and if you are designating the Trust as your primary beneficiary, your spouse must sign a written, notarized consent on the form, allowing you the make the Trust your primary beneficiary. 

Category: Retirement

Income Security FAQs

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I want to retire next month. What do I need to do?

Consider meeting with one of our NestEgg U financial coaches to review your options for your 401(k) account as you approach retirement. See the Benefits Handbook Retirement section for additional details a about the options available to you and the steps you need to take to prepare for retirement. Also, review the information in Benefit Plan Options for Employees Leaving the Company about health coverage and other company benefits. Be sure to work closely with your local HR representative to ensure all arrangements are in place prior to your last day of work.

Can I name my children as beneficiaries for PSSP?

Yes. However, if you are married, and want to name anyone other than your spouse as primary beneficiary, your spouse must sign a written, notarized consent on your PSSP Beneficiary Designation form.

Category: Retirement
Do we have retiree health care?

No. The Company only provides health care coverage for active employees and their dependents.

You become eligible for Medicare coverage at age 65. If you apply three months prior to your 65th birthday, your coverage will begin on the first day of the month that you turn 65.

If you are not yet eligible for Medicare when you retire, you should consider continuing coverage for yourself and your dependents temporarily through COBRA, at a cost to you of 102% of the Company’s cost. For more information about COBRA coverage, see "Continuing Coverage" in your benefits handbook. To ensure you receive an election form, contact Member Services at (855) 979-5192, or talk with your local HR representative. Under the law, to be eligible for COBRA coverage you must send your completed election form to the COBRA Administrator postmarked within 60 days of your last day of work or the date you receive your COBRA election package, if later.

After COBRA ends, you should be able to obtain insurance on an individual basis from an insurer or your state's "HIPAA" coverage pool, even if you have health problems. For more information, contact your state's insurance department.

Category: Retirement
If I'm still working at Alliance, do I have to take my money out of the PSSP by a certain age?

Generally, you can leave your money in the Plan while you are still working at Alliance. See the Benefits Handbook for more information.

Category: Retirement
How do I add a beneficiary to my 401(k) account?

Change the beneficiary designation on your Profit Sharing and Savings account (your 401(k) account) by completing a PSSP Beneficiary Designation form.

Category: Retirement
Where can I find information about Qualified Domestic Relations Order (QDRO) procedures for the 401(k) Plan?

A description of the QDRO procedures can be found in the Benefits Handbook. After logging in, visit Retirement > Profit Sharing and Savings Plan > Appendix: QDRO Procedures.

Category: Retirement
Can I name a Trust as a beneficiary to my 401(k) account?

Yes. Complete a PSSP Beneficiary Designation form. In the space where a name and relationship would be entered, write "To [name of your Trustee], or the successor Trustee of the [name of the Trust] dated [date of the Trust], including any amendments to the Trust." The Plan Administrator will contact you for additional information needed to complete the beneficiary designation. If you are married, and if you are designating the Trust as your primary beneficiary, your spouse must sign a written, notarized consent on the form, allowing you the make the Trust your primary beneficiary. 

Category: Retirement

Retirement FAQs

/

I want to retire next month. What do I need to do?

Consider meeting with one of our NestEgg U financial coaches to review your options for your 401(k) account as you approach retirement. See the Benefits Handbook Retirement section for additional details a about the options available to you and the steps you need to take to prepare for retirement. Also, review the information in Benefit Plan Options for Employees Leaving the Company about health coverage and other company benefits. Be sure to work closely with your local HR representative to ensure all arrangements are in place prior to your last day of work.

Can I name my children as beneficiaries for PSSP?

Yes. However, if you are married, and want to name anyone other than your spouse as primary beneficiary, your spouse must sign a written, notarized consent on your PSSP Beneficiary Designation form.

Category: Retirement
Do we have retiree health care?

No. The Company only provides health care coverage for active employees and their dependents.

You become eligible for Medicare coverage at age 65. If you apply three months prior to your 65th birthday, your coverage will begin on the first day of the month that you turn 65.

If you are not yet eligible for Medicare when you retire, you should consider continuing coverage for yourself and your dependents temporarily through COBRA, at a cost to you of 102% of the Company’s cost. For more information about COBRA coverage, see "Continuing Coverage" in your benefits handbook. To ensure you receive an election form, contact Member Services at (855) 979-5192, or talk with your local HR representative. Under the law, to be eligible for COBRA coverage you must send your completed election form to the COBRA Administrator postmarked within 60 days of your last day of work or the date you receive your COBRA election package, if later.

After COBRA ends, you should be able to obtain insurance on an individual basis from an insurer or your state's "HIPAA" coverage pool, even if you have health problems. For more information, contact your state's insurance department.

Category: Retirement
If I'm still working at Alliance, do I have to take my money out of the PSSP by a certain age?

Generally, you can leave your money in the Plan while you are still working at Alliance. See the Benefits Handbook for more information.

Category: Retirement
How do I add a beneficiary to my 401(k) account?

Change the beneficiary designation on your Profit Sharing and Savings account (your 401(k) account) by completing a PSSP Beneficiary Designation form.

Category: Retirement
Where can I find information about Qualified Domestic Relations Order (QDRO) procedures for the 401(k) Plan?

A description of the QDRO procedures can be found in the Benefits Handbook. After logging in, visit Retirement > Profit Sharing and Savings Plan > Appendix: QDRO Procedures.

Category: Retirement
Can I name a Trust as a beneficiary to my 401(k) account?

Yes. Complete a PSSP Beneficiary Designation form. In the space where a name and relationship would be entered, write "To [name of your Trustee], or the successor Trustee of the [name of the Trust] dated [date of the Trust], including any amendments to the Trust." The Plan Administrator will contact you for additional information needed to complete the beneficiary designation. If you are married, and if you are designating the Trust as your primary beneficiary, your spouse must sign a written, notarized consent on the form, allowing you the make the Trust your primary beneficiary. 

Category: Retirement

Special Benefits FAQs

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I want to retire next month. What do I need to do?

Consider meeting with one of our NestEgg U financial coaches to review your options for your 401(k) account as you approach retirement. See the Benefits Handbook Retirement section for additional details a about the options available to you and the steps you need to take to prepare for retirement. Also, review the information in Benefit Plan Options for Employees Leaving the Company about health coverage and other company benefits. Be sure to work closely with your local HR representative to ensure all arrangements are in place prior to your last day of work.

Can I name my children as beneficiaries for PSSP?

Yes. However, if you are married, and want to name anyone other than your spouse as primary beneficiary, your spouse must sign a written, notarized consent on your PSSP Beneficiary Designation form.

Category: Retirement
Do we have retiree health care?

No. The Company only provides health care coverage for active employees and their dependents.

You become eligible for Medicare coverage at age 65. If you apply three months prior to your 65th birthday, your coverage will begin on the first day of the month that you turn 65.

If you are not yet eligible for Medicare when you retire, you should consider continuing coverage for yourself and your dependents temporarily through COBRA, at a cost to you of 102% of the Company’s cost. For more information about COBRA coverage, see "Continuing Coverage" in your benefits handbook. To ensure you receive an election form, contact Member Services at (855) 979-5192, or talk with your local HR representative. Under the law, to be eligible for COBRA coverage you must send your completed election form to the COBRA Administrator postmarked within 60 days of your last day of work or the date you receive your COBRA election package, if later.

After COBRA ends, you should be able to obtain insurance on an individual basis from an insurer or your state's "HIPAA" coverage pool, even if you have health problems. For more information, contact your state's insurance department.

Category: Retirement
If I'm still working at Alliance, do I have to take my money out of the PSSP by a certain age?

Generally, you can leave your money in the Plan while you are still working at Alliance. See the Benefits Handbook for more information.

Category: Retirement
How do I add a beneficiary to my 401(k) account?

Change the beneficiary designation on your Profit Sharing and Savings account (your 401(k) account) by completing a PSSP Beneficiary Designation form.

Category: Retirement
Where can I find information about Qualified Domestic Relations Order (QDRO) procedures for the 401(k) Plan?

A description of the QDRO procedures can be found in the Benefits Handbook. After logging in, visit Retirement > Profit Sharing and Savings Plan > Appendix: QDRO Procedures.

Category: Retirement
Can I name a Trust as a beneficiary to my 401(k) account?

Yes. Complete a PSSP Beneficiary Designation form. In the space where a name and relationship would be entered, write "To [name of your Trustee], or the successor Trustee of the [name of the Trust] dated [date of the Trust], including any amendments to the Trust." The Plan Administrator will contact you for additional information needed to complete the beneficiary designation. If you are married, and if you are designating the Trust as your primary beneficiary, your spouse must sign a written, notarized consent on the form, allowing you the make the Trust your primary beneficiary. 

Category: Retirement

Other Questions?

Have a question not listed here? Contact Member Services.