BENEFIT COMMENCEMENT KIT
Payment Initiation Expectations
100

What  is the cover letter for?

It contains de date that will be used to determine the expiration of the BCK.
100

What is the cut-off date to receive first payment check on 04/01/2023 for VOLVO?

03/10/2023

200

What is Direct Deposit Form?

It allows the participant to provide his bank account and routing number in order to receive the pension payment trough a bank deposit.

200

What is the cut-off date to receive first payment check on 12/01/2023 for NYSE?

11/06/2023

300

What is Spouse consent form ?

Its required anytime the participant choses a payment option other that QJSA. 

300

What is the cut-off date to receive first payment check on 11/30/2023 for AVON?

11/08/2023

400

If an specific Document from the BCK is NIGO, should the participant send the whole Kit back again?

No, they will need to resubmit only the specific form that is NIGO once we send them a letter with the instruction.

400

If my benefit commencement kit is received IGO by 06/20/2023, when I will receive my first check for HEXION DB?

08/01/2023

500

In case the retiree choses a series of payment option, what federal tax withholding form is needed.

W4-P

500

If my benefit commencement kit is received IGO by 10/12/2023, when I will receive my first check for EDGEWELL DB?

12/01/2023

M
e
n
u