Enjoy the ride while you are working here. For example, we have a "Holiday Break", which spans from 24th - 31st. 5. Effective March 1, 2010, Delphi will contribute an additional amount equal to $.50 for every dollar of your savings up to 7.0% (e.g. We recently adopted a "Take-As-You-Need" vacation policy. Announcement of Aptiv – October 2017 . Portfolio percentages are also being adjusted in this portfolio.Please feel free to contact us toll-free at 1-866-444-6246 if you have questions on how these changes could impact your investment strategy.The deadline for Delphi salaried employees to elect the disbursement option of their 2012 Annual Incentive Plan (AIP) payment is February 14Keep in mind, the IRS limit for pre-tax contributions can not exceed $17,500 for 2013 (or $23,000 if age 50 or older). High expense ratio on many of the available investment choices.” “401K Upto 7.5% matched by Employer.
Glassdoor will not work properly unless browser cookie support is enabled. >$6000 out of pocket deductible for Employee + Spouse + Dependents. Delphi Automotive announced earlier in the year its intention to execute a spin-off of its Powertrain Systems segment into a new, independent publicly traded company.
This is probably common among public companies under Wall Street pressure.
The best thing is nothing, the worst thing is that on paper the benefits package looks nice but in reality, it's a joke compared to other tech companies in Boston, especially the health plan Aptiv’s benefits are exactly what they need to be; slightly better than the worst benefit packages out there, but nowhere near what a top company would offer.List based on reports from current and former employees. This means that any sick day, vacation day, etc are combined and you technically get unlimited vacation days. Benefits Summary. More recently, the company announced that the Powertrain Systems segment will be named “Delphi Technologies” and the remaining portion will be named “Aptiv”.Those transferring to Delphi Technologies have been notified of the transition to a new 401(k) plan - “Delphi Powertrain Technologies Salaried Retirement Savings Program (SRSP)” – which offers a new set of investment options as compared to the current Delphi SRSP. 7% 401k matching. State Street Bank and Trust, currently the plan’s trustee, will be replaced with Fidelity Management Trust Company. The BrokerageLink option will remain intact.To discuss these changes to the Delphi 401(k) plan and how this may impact your current portfolio allocation, do not hesitate to contact us toll-free at Delphi announced several modifications to the Salaried Retirement Savings Program (SRSP) and Personal Savings Plan (PSP). This Company Match will be over and above the 4.0% automatic contribution that you are currently receiving into your SRSP.While your personal retirement plan may already call for a contribution level higher than 7.0%, all participants should contribute a minimum of 7.0% to the SRSP to maximize the company contribution to their account.August 10, 2009 the Pension Benefit Guaranty Corporation (PBGC) assumed responsibility for the pension plans of 70,000 workers and retirees of Delphi Corporation.
While this approach is unique, we believe the asset allocation decisions provided by these funds are crude at best. Once the estimate is determined, it could then take another several years before the PBGC fully reviews the plan and finally determines all benefit amounts. The real world changes every day, yet proponents of Target-Date funds expect someone to stick to a single game plan for as much as 40 years, whether interest rates are rising or falling, or whether the economy is in expansion or recession.
It may not be complete. Aptiv Health Savings Account.
Pre-tax payroll contributions will automatically spill over as after-tax. fun like ice cream socials, paid food trucks, and other events 7. This announcement is the result of a change in the company contracted to manage the investment assets held in the Delphi SRSP and PSP. Health insurance is improved, we have lower deductibles. Additionally, they leave no room for the fund manager to tactically adjust the strategy based on specific opportunities within the financial markets or in response to prevailing market conditions.The returns realized in these commingled vehicles are diluted by a rigid adherence to mechanical allocation parameters. 2. List based on reports from current and former employees.
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