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Getting Started

  • Explore personalized tools to help understand your income sources and planning considerations 

Take Action

180 days before you retire

  • Call the Northrop Grumman Benefits Center and request access to a personal Retirement Benefits Coordinator

Related Benefits & Resources

  • Explore resources that meet you and your family at every stage

Timeline

Age 50

  • May begin catch-up contributions for your retirement account

Age 55

  • Eligible for reduced pension benefit

Age 62

  • May begin Social Security payments, but reductions apply

Under 65

  • Pre-Medicare supplemental coverage is available through Via Benefits

Age 65

Age 70

Age 72

  • Pension benefit is fully earned

  • Social Security benefits begin based on the year you were born; can be between age 65 and 67

  • Eligible for Medicare (or earlier if you have certain health conditions or are disabled)

  • Medicare supplemental coverage is available through Via Benefits
  • You must begin Social Security payments

  • You’re required to start taking minimum distributions from your retirement account

  • Annual payments begin from your pension plan for terminated employees 

Planning

Planning 

Retirement Planning on the Total Rewards Gateway  

Information and resources about your income sources when considering retirement planning and then what to do at retirement

Financial Wellness Dashboard on NetBenefits

Your centralized hub, designed to provide financial insights and access to planning tools that allow you to model your total retirement income and make informed decisions with confidence.

Take Action

 

Call the NGBC

 

and any necessary contacts to begin coverage/payments

When you’re ready to retire, call the Northrop Grumman Benefits Center 


800-894-4194


Request a personal Retirement Benefits Coordinator (RBC) within 180 days of commencing your benefit.

A specially trained representative can answer questions about your retirement benefits and provide personalized support.

 

Retiree Medical

Via Benefits is a private insurance exchange that provides eligible retirees access to supplemental insurance plans.

Visit the website or call
855-832-0976

  • Employees under 65 can purchase individual Pre-Medicare supplemental coverage

  • Employees over 65 can purchase individual Medicare supplemental coverage

Medicare 

Typically, you're eligible for Medicare age 65 or older.

  • Call the Northrop Grumman Benefits Center (NGBC) when you become eligible for Medicare 

  • If you’re enrolled in retiree medical coverage through Via Benefits, call Via Benefits when you become eligible for Medicare

Social Security

Ways to apply:

Note that it takes up to three months to complete the payment application process and begin your Social Security payments.

Related Benefits

 

Work/Life Resources

MetLife Legal

Expert guidance and tools you need to handle the broad range of personal legal including creating a living will and estate planning for your family. MetLife Advantage Plan members also receive free TurboTax services.

NGCare Mental Health Support*

Available to all employees and their household members who need someone to talk to or who are coping with trauma from a recent incident.

Northrop Grumman Federal Credit Union (NGFCU)*

A financial institution that serves Northrop Grumman employees and retirees.  The NGFCU provides a variety of financial products and services including online and mobile banking, financial management and investment, loans and insurance.

*available to all employees

Don't Forget

Designate Beneficiaries

Once enrolled, update or add a beneficiary in NetBenefits.

A beneficiary is the person, trust, or other legal entity named by the participant to receive any benefit provided under the plan upon the participant's death. If you don't name a beneficiary, benefits will be paid out as specified under the terms of your plan.

  

Update Workday

Make sure your name, address, and any other personal information is correct and up to date within Workday. To make changes, go to Workday > My Personal Information