ITT - Benefit Program



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ITT: Benefit Program for SSD Employees

Here's a quick review of the total benefits provided to you as a salaried employee of ITT Space Systems Division effective January 1, 2006.

BENEFIT . . .	WHAT IT PROVIDES . . .
Investment and Savings Plan (ISP)	Income for retirement
Retirement Plan	Income for retirement
Medical and Dental Plans	Comprehensive health care
Flexible Spending Account Plan (FSA)	Option to pay for certain predictable health care or dependent care expenses with pre-tax dollars.
Short Term Disability Plan	Disability income continuation for up to 26 weeks
Long Term Disability Plan	Disability income continuation beyond 26 weeks
Life Insurance Plan	Life Insurance equal to one times your annual base pay
Voluntary Accident Insurance Plan	Additional accident insurance for you and your family
Business Travel Accident Plan	Additional accident insurance for you when you travel for the Company
Long Term Care Insurance Plan	Long Term Care Insurance coverage that may be elected for you, your spouse, your parents or your parents-in-law
Retiree Health Coverage	Health coverage when you retire
Vacations and Holidays	Time off with pay
Life Plus Program	Additional Life Insurance for you and your family, available through payroll deduction

Together, these benefit plans give you and your family the coverage and income protection you need today, and help you build income for a secure tomorrow.

Important Note:
As provided in all ITT benefit plans, the terms and conditions of the plan documents will govern, and while ITT expects to continue the plan or plans indefinitely, it reserves the right to change or discontinue the plan or plans at any time for some or all participants.

For More Details:
If you would like more information about any of your ITT benefits, please refer to your Plan booklets or contact your local Human Resources Department.