This website is for informational purposes only and is not intended to be a legal governing plan document. The benefits described in this website are provided under retirement plans sponsored by SABIC. SABIC reserves the right to amend these plans or terminate them at any time and from time to time, in accordance with their terms. These plans are complex and subject to many rules, requirements, and limits. The operations of the plans are governed by the official plan documents. To the extent that any information contained in this document or elsewhere, or any information you receive orally, is inconsistent with the official plan documents, the provisions set forth in the official plan documents will govern in all cases. Participants may request a copy of the official plan documents by contacting the Plan Administrator.
This website is provided on an "as is", "where is", "as available" and "with all faults" basis, without warranty of any kind, express or implied, including, without limitation, warranties of merchantability, fitness for a particular use, purpose, title, or non-infringement. In no event shall SABIC be liable for any damages whatsoever, including, without limitation, consequential, incidental, special or indirect damages or other pecuniary loss, that result from use of or loss of use of this website. The rights, exclusions, warranty disclaimers and limitations of liability under these terms operate to the benefit of SABIC’s subcontractors, licensors, and vendors to the same extent that such provisions operate to the benefit of SABIC.
We also use tools, such as Google Analytics, on our website to help us analyze how you and other visitors use our website and to improve its functionality. We do not provide any personal information about you to Google Analytics and any information collected by Google is done anonymously without identifying an individual user. We do not associate information collected by Google Analytics with information you may have provided to us. For more information on Google Analytics, including how to opt-out, click here.
All trademarks and service marks belong to FMR LLC or SABIC respectively. Any third party trademarks, service-marks, or content appearing on this site are the property of their respective owners.
Keep in mind that investing involves risk, including risk of loss. The value of your investment will fluctuate over time and you may gain or lose money.
The Pension Plan benefit for Legacy Core and Delta employees froze on December 31, 2019, meaning participants stopped accruing benefits in the Pension Plan on that date. Any benefit earned through December 31, 2019 would be available at separation of employment or retirement, subject to the current Pension Plan provisions.
A “frozen benefit” means:
No further benefits are accrued in the plan after December 31, 2019. This means that compensation and service after December 31, 2019 are not be taken into account for purposes of determining the amount of your benefit under the plan;
Additional service will continue to count only for limited purposes, such as eligibility for early retirement; and
Active employees as of December 31, 2019 became fully vested in benefits accrued under the Pension Plan as of that date.
