Raytheon.benefitcenter.com

Issued January 2019

TOTAL REWARDS

career

work/life

pay

benefits

INVESTING IN YOU & YOUR FUTURE.

Benefits

YOUR 2019

Handbook

For Eligible Re-Employed Recipients of

Pension Payments at Raytheon

Medical

Health Savings Account (HSA)

CVS/caremark Prescription Drug Coverage

Vision

Dental

Business Travel Accident Insurance

RAYSIP

This section provides a description of certain features

that apply to Raytheon Savings and Investment Plan

(RAYSIP) account holders who are no longer eligible to

make or receive contributions to the plan.

Administrative

The specific plan sections included in this handbook constitute the summary plan descriptions for the Raytheon

benefit plans. If there is any difference between the information contained in this handbook and the actual plan

documents, the plan documents will always govern.

Raytheon reserves the right to amend or terminate any of the plans at any time. Such amendments or

modifications may be retroactive, if necessary, to meet statutory requirements or for any other appropriate

reason.

Benefits for employees represented by a bargaining unit will be in accordance with their collective bargaining

agreement.

Eligibility

Re-employed recipients of pension payments are eligible only for

medical (including prescription drug), health savings account (HSA),

vision and dental coverage as well as BTA insurance, regardless of

hours worked.

You are a re-employed recipient of a pension payment if you:

? Are receiving or have received payment of benefits from a

Raytheon-sponsored defined benefit pension plan, regardless of

your age and service and regardless of the form of payment of your

benefit; and

? Previously incurred a separation from service with Raytheon; and

? Are employed by Raytheon again on or after March 1, 2007.

Note: As described later in this

section, you and Raytheon share

the cost of your medical, vision

and dental coverage. If the

hours you work in a given pay

period do not produce sufficient

pay to cover the amount you

contribute toward the cost of

your benefits, any shortfall will

be made up in subsequent pay

periods where there is sufficient

pay. Only one pay period¡¯s

shortfall will be made up in

each subsequent pay period.

If 90 or more days of shortfall

remain unpaid, the RBC will

issue you a bill. If you do not

settle this bill, your coverage

will be terminated retroactively.

Note that you are not a re-employed recipient of a pension payment if:

? Your only payment from a Raytheon pension plan was a

mandatory cashout of a small benefit, as defined in the applicable

plan, or a return of your pension plan contributions and interest, or

? You have received (or are eligible to receive) only Retirement

Income Savings Program (RISP) benefits. In this case, you are

considered a RISP-only retiree.

In both cases, if you are re-employed, you are eligible for the benefits

that any rehired employee in the union code that covers your

position receives. For more information, see Your Benefits Handbook,

For Eligible Raytheon Employees.

If you are eligible for Raytheon-sponsored retiree medical

coverage because you met the eligibility requirements for RISP

retiree medical coverage at the time you terminated your Raytheon

employment (as defined in the applicable Eligibility Summary,

available on Desktop Benefits), your retiree medical coverage is

suspended during your Raytheon employment and can be resumed

when you subsequently terminate your Raytheon employment.

ABOUT YOUR BENEFITS HANDBOOK

This document provides summary information about the benefits plans available

to you. As you review this document, please ignore any references to the following

plans that do not apply to you:

? Flexible spending accounts (FSAs);

? Short-term, long-term and occupational disability plans;

? Life insurance plans;

? Accidental death & dismemberment insurance (AD&D) plan;

? Employee assistance program (EAP); and

? Severance plan.

While you are not eligible to make or receive contributions to the Raytheon Savings

and Investment Plan (RAYSIP), as a convenience, this document includes information

about RAYSIP that applies to RAYSIP account holders.

If you have questions about your eligibility for a particular benefit plan, call the

Raytheon Benefit Center (RBC) at 800-358-1231.

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SICK LEAVE

You earn sick leave as required by law if you work in a state or municipality that

mandates paid sick leave. Accrual rates, usage, carryover limits and allowable

reasons vary by statute.

When using sick leave, note the following:

? You may use your accrued sick leave as soon as it is earned¡ªthere is no

waiting period.

? Generally, you may use accrued sick leave to care for your own or a covered

family member¡¯s medical needs, purposes related to domestic violence and public

health emergencies.

? While you must coordinate all requests to use accrued sick leave with your

supervisor, you are not required to provide medical documentation.

? Unused sick leave hours are not paid out at termination. Under certain

circumstances that vary by statute, hours may be reinstated upon rehire.

If you have questions about sick leave, call Payroll at 877-291-9990.

Raytheon Employee Discount Program

The Raytheon Employee Discount Program is administered by

Benefithub. The program provides you with access to exclusive

employee offers and discounts from hundreds of merchants and

services nationwide.

Offers include:

? Discounts on movie tickets at Landmark and AMC theatres;

? Raytheon-exclusive offers on wireless phones, mortgage

services, as well as Ford, GM and Mitsubishi vehicles; and

at Royal Jewelers;

? Discounts on tickets to Disneyland and Universal Studios;

?

Accidental death & dismemberment insurance plan;

?

Up to 25% off of apparel from Timberland and Lane Bryant;

?

25% off purchases at Eastern Mountain Sports; and

?

15% off any flower arrangement from .

These offers and more are available at no charge to you and your

family members. To see the complete list of merchants and offers

now available, go to and create

an account using your email address and the referral code FFRD5N.

You¡¯ll then create a password to be used with your email address

whenever you visit the site.

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Questions about Your Raytheon Benefits?

? Go to Desktop Benefits at ¡ªthe

only address you need to access all your Raytheon benefits online, with

personalized and general benefits information, as well as transactional

capabilities.

With Desktop Benefits, you can:

- Connect with Raytheon benefit plan carriers and resources using the

Benefit Provider Contacts list under My Resources;

- View your benefit elections, costs and medical plan summary charts;

- Use tools available on the My Resources listing, such as DecisionAssist

to choose an HSA Advantage plan, as well as links to find participating

doctors, dentists and hospitals;

Can¡¯t locate one or more

of the documents that are

required to add a dependent

to some of your Raytheonsponsored plans? For a fee,

Vitalchek can provide official

government certificates (e.g.,

birth, marriage, divorce).

For more information, go to

.

- Change the amount of your health savings account (HSA) contribution

(up to the annual limit). From the My Life Changes tab, select Change

Your HSA Contribution Amount;

- Update your address or marital status; or

- Change your benefit elections if you have a qualified change in status or

other qualifying event. Note that if you are eligible to add a dependent

to your Raytheon-sponsored medical, vision and/or dental plans (as

outlined in the Medical, Vision and Dental sections), you will need to

provide dependent eligibility verification (such as a marriage certificate,

birth certificate or joint tax return). Your dependent¡¯s coverage will not be

effective until the verification documents are received.

? Contact the Raytheon Benefit Center (RBC). Simply:

- Call 800-358-1231 (TDD# 800-877-8339); from outside the United

States, call collect 412-505-6905. Representatives are available Monday

through Friday from 8 a.m. to 8 p.m. Eastern Time (ET) to answer specific

benefit questions and help you with any necessary changes.

- Email questions to rbcmail@.

- Send correspondence to:

Raytheon Benefit Center

P.O. Box 5243

Cherry Hill, NJ 08034-5243

- Fax questions to 855-291-5941.

Note: Whenever you contact the RBC, be sure to include your employee ID

number, your full name and your email address.

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Wellness

Raytheon¡¯s Wellness Programs

Investing in Your Health

From health and wellness benefits to work/life and financial programs, Raytheon provides easy

access to a variety of wellness services and programs that you and, in many cases, your family

can use to get started or stay on the path to improving your health.

For example, because preventive care plays an important role in identifying disease

and maintaining proper health, Raytheon-sponsored medical plans cover eligible,

in-network preventive-care services (as identified by the Affordable Care Act

(ACA) under the Preventive Care Services benefit) at 100% with no out-of-pocket

expense.*

Beyond these benefits, you have access to:

? Nurse lines, disease management programs, maternity care programs and online services

through your medical plan (see the chapter about your medical plan for details);

? At many locations, free, on-site biometric screenings for employees that conclude with a

brief health coaching session;

? Flu shots; and

? In some locations, presentations and seminars from on-site nurses and fitness center staff

members.

For information about the wellness programs currently available, see the Global Health

Resources page on oneRTN at .

*For a description of preventive-care services available through Global Choice or the Kaiser Permanente plan available in Hawaii, see

the appropriate Evidence of Coverage.

CUSTOMIZE YOUR WELLNESS REWARD PROGRAM

Administered by Virgin Pulse, Raytheon¡¯s Wellness Reward program¡ªlivewell¡ªis designed to

help you customize your wellness experience. You choose your wellness interests and focus on

the areas that are important to you.

You earn points throughout the year by participating in a range of wellness activities, which

can include:

? Physical activity (with or without an activity tracker),

? Nutrition,

? Sleep,

? Completing a health assessment,

? Recording the results of a biometric screening, and

Guarding Your

Confidentiality

Raytheon understands that

the security of personal health

information is extremely important.

In the interest of privacy, no one

at Raytheon will see the results

of any employee¡¯s participation in

any company-sponsored wellness

program or any other personal

health information.

? Tracking healthy habits.

The number of points you can earn varies by activity, and every 200 points you earn equals $1.

The points you earn automatically turn into cash, which can be deposited into your bank account,

or used to purchase Visa gift cards, store gift cards or wellness merchandise, including activity

trackers.

Each year that you participate, you can earn up to $250 ($500 if your spouse who is enrolled in

a Raytheon-sponsored medical plan also participates).

Note that while points accumulate throughout the year, your point balance resets to zero at

the beginning of a new calendar year. Any money you leave in your account rolls over into the

next calendar year.

Ready to get started? To register from a Raytheon-connected computer, go to the Life &

Career page on oneRTN and click the Live Well icon. From all other computers, go to https://

engage.raytheon. Then, under ¡°US Employees & Premise Contractors,¡± click on

¡°Enroll Now¡± at the bottom of the page and follow the instructions to enroll. Your spouse who

participates in a Raytheon medical plan can enroll by clicking on the ¡°Enroll Now¡± button under

¡°Spouses.¡±

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