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A BENEFITS OVERVIEW
1. ENROLL OR WAIVE BENEFITS WITHIN 30 DAYS Enrollment is mandatory. Complete the enrollment process even if you plan on
waiving coverage. Enrollment instructions can be found on page 2. 2. ENROLL DEPENDENTS AND SUBMIT REQUIRED DOCUMENTATION If you are enrolling dependents, be sure to check the eligibility and dependent
documentation requirements on page 3. You must submit dependent proof within 30 days of your hire date or they will not be covered.
3. REVIEW YOUR CONFIRMATION STATEMENT A Confirmation Statement with your elections will be mailed to your home
address after you enroll. Review the statement carefully and contact the Benefits Department immediately if you need to make changes.
4. DESIGNATE YOUR BENEFICIARIES Protect your family and designate beneficiaries for your benefits. It’s important.
Find Beneficiary Designation instructions under Contacts (see back cover).
5. LEARN ABOUT OUR RETIREMENT PROGRAMS Read pages 10 and 11 to learn how Kinder Morgan helps you prepare for your
future retirement through our 401(k) and pension plan.
COVERAGE EFFECTIVE DATEElected healthcare benefits for you and your eligible dependents begins on your hire date if you enroll and provide the required documentation within 30 days of your hire date.
WHAT HAPPENS IF YOU DON’T ENROLL WITHIN 30 DAYS?You will be defaulted to Employee Only medical coverage in the High Deductible Health Plan (HDHP). Read about other default coverage on page 1.
WELCOME TO KINDER MORGANKinder Morgan is committed to offering comprehensive and competitive benefit programs while managing costs for you and the company. We have prepared this guide to give you an overview of Kinder Morgan’s benefit programs and to help you make an informed decision about your benefit choices.
YOU MUST ENROLL OR WAIVE COVERAGE WITHIN 30 DAYS OF YOUR HIRE DATE
Benefits [email protected]
Call (866) 775-5790; option 3to leave a message
New Hire Guide
INSIDE THIS GUIDEBenefits Summary 1Enrollment & Status Changes 2
Dependent Eligibility & Documentation
3
Medical & Rx 4
Medical & Rx Benefits 5
Dental & Vision 6
Life and AD&D Insurance 7
Pre-Tax Contributions 8
Disability Program 9
Savings Plan - 401(k) 10
Retirement Plan - Pension 1 1
Other Benefits 12
Benefits Costs 1 3
Contacts see back cover
FOLLOW THE IMPORTANT ACTION STEPS BELOW:
2018
This guide provides you with important information to help you better understand the benefit plans, policies, and options available to you. This is only a summary of benefits and may not reflect the benefit plans in effect for all employees in all circumstances, nor cover all applicable limitations and/or restrictions. We have done our best to accurately explain the benefits in effect under the plans; however, the plans and payment of benefits are governed by the official Plan documents. The Plan documents, insurance contracts or state or federal regulations, will govern in case of conflict.
This guide is intended to be read in conjunction with the applicable Summary Plan Description (SPD). Find the SPDs on: KMONLINE > Benefits Online > Plans (SPDs). You should also read the enclosed Important Notices.
Kinder Morgan is the Plan sponsor and reserves the right to terminate or amend the Plan provisions described at any time.
Important Note: If you are a member of a collective bargaining unit, the terms of your benefits are governed by your collective bargaining agreement and may differ from the benefits described in this guide. Contact your Human Resources representative for more information.
BENEFITS SUMMARY
Review the summary below carefully to learn more about the benefits offered to you and default coverage if you do not enroll within 30 days. You should read this guide in its entirety and refer to the applicable Summary Plan Description (SPD) for more Plan details. If you have any questions, please contact the Benefits Department at [email protected] or at (866) 775-5790 option 3 and leave a message.
COVERAGE IMPORTANT NOTES
Medical and Prescription Drug (Rx) We offer several medical coverage options (based on your home zip code); prescription drug coverage is bundled with medical.Default Coverage: Employee Only Coverage in the HDHP medical option
Dental and Vision We offer one dental plan and one vision plan. Default Coverage: No Coverage
Basic Life and Basic Accidental Death & Dismemberment (AD&D)
We provide you with 2x annual base pay Basic Life and AD&D coverage (each).
Optional Employee Life As a new hire, you can elect 3x annual base pay not to exceed $500,000 without Evidence of Insurability (EOI). Maximum election is 5x annual base pay. Default Coverage: No Coverage
Optional Spouse Life New hires can elect Optional Spouse Life up to $50,000 without EOI.Default Coverage: No Coverage
Optional Child Life You can elect Optional Child Life to cover eligible children for $10,000 each; EOI is not required.Default Coverage: No Coverage
Voluntary AD&D Maximum election is 5x annual base pay for employee or family coverage.Default Coverage: No Coverage
Pre-Tax Contributions You can elect to make Health Savings Account or Flexible Spending Account pre-tax contributions for eligible expenses based on Plan and IRS regulations and limitations. Default Coverage: No Coverage
Disability Benefits We provide Short-Term Disability and Long-Term Disability benefits should you be disabled for an extended period of time and unable to work.
Savings Plan - 401(k) We contribute 5% of your eligible pay to your Savings Plan. You will be automatically enrolled at a contribution rate of 3% of your eligible pay and automatic annual increases (up to 8%). You can change your contribution rate at any time.
Retirement Plan - Pension We contribute 4% or 5% of your eligible pay to your Retirement Plan based on your age and years of service. No employee contributions are allowed or required.
ENROLLMENT/STATUS CHANGES
ENROLLMENTYou are required to enroll for your benefits during your initial 30 days of employment. If you do not actively enroll, you will receive the default coverage described on page 1. Your next opportunity to make benefit changes will be during Annual Enrollment, or if you have a Qualified Status Event, and you inform us in writing within 30 days of the event (see below).
ENROLL ONLINE We encourage you to enroll online by following the Employee Self-Service (ESS) instructions given below. Call the Help Desk at (713) 420-3375 to obtain your network ID and password. If you do not have access to ESS and cannot enroll online, you can complete a manual New Hire Enrollment form. Contact your HR Representative if you need a manual form or have questions.
ESS Enrollment Instructions
• Go to HR/Employee Self-Service (ESS) on KMONLINE to enroll for benefits. Use your network ID and password to login.
• Click on Bookmarks > Employee Self-Service (ESS) > New Hire Enrollment (read the instructions first).
• Click on Dependents to add your dependents. Review the eligibility and documentation requirements on page 3 to make sure your dependents qualify for coverage. You will need to provide your dependent’s Social Security Number and date of birth.
• Now you can enroll. Go to Benefits Enrollment to make your benefit elections or waive coverage.
• Your Confirmation Statement will be mailed to your home address; check it carefully. If you have any questions or concerns leave a message with the Benefits Department at (866) 775-5790 (option 3) immediately.
Check your benefit elections and payroll deductions anytime by going to KMONLINE > HR/Employee Self-Service (ESS). On ESS click on Bookmarks > Employee Self-Service > My Benefits > Current Benefits.
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QUALIFIED STATUS EVENTTake the time to think carefully about your 2018 benefit choices. Remember, you can only change your elections during the year if you have a qualified status event such as marriage, birth or adoption of a child, divorce or legal separation, death of a covered dependent, or a change in your spouse’s or domestic partner’s employment status.
Changes due to a qualified status event during the year must be made in writing within 30 calendar days of the event, and documentation relevant to the change is required. The date of the event is considered day one.
To report your qualifying event, complete the Employee Benefits Change Request (EBCR) form. These forms are available at KMONLINE > Benefits Online > Forms. Scan and email the completed form along with the supporting documentation to [email protected]. Include your full name and Employee ID on the email subject line and on the required documents you have to submit.
DEPENDENT ELIGIBILITY AND DOCUMENTATION
ELIGIBLE DEPENDENTS AND DEPENDENT DOCUMENTATION REQUIREMENTSKinder Morgan offers you valuable healthcare benefits that generally cover your spouse or domestic partner and children.
Dependent documentation helps ensure that Kinder Morgan only covers eligible dependents for benefits. You must provide dependent documentation within 30 days of your hire date or your dependents will not be covered.
• Write your name and Employee ID on your documents. Do not send originals. • Scan your documents and email them to [email protected] within 30 days of your hire date.• The email subject line should contain your full name and Employee ID.
Medical/Rx, dental, and vision coverage for eligible dependent children can continue up to age 26.
Coverage may be extended past the age of 26 for a child that is mentally or physically disabled. The child must be dependent upon you for care and support, live in your home and be covered under a KM medical plan (certification required). You must advise the Benefits Department within 30 days of your hire date, or within 30 days from the date the child turns age 26 for consideration of extended coverage. Medical proof of disability and support will be required.
Note: A valid Social Security Number (SSN) is required for all dependents if you elect Health and Welfare coverage(s) in accordance with the Affordable Care Act (ACA) for the IRS 1095-C reporting.
DEPENDENT DOCUMENTATION REQUIREMENTS
DEPENDENT CRITERIA REQUIRED DOCUMENTATION*
Spouse Legally married more than 12 Months Front page of prior year’s tax return showing married status and both names, OR Marriage Certificate AND current household bill or account statement showing joint ownership
Legally married less than 12 Months Marriage Certificate
Children Biological, adopted or foster children, stepchildren, children of Domestic Partner, and children covered by a Qualified Medical Child Support Order
Child’s Birth Certificate showing names of parents
Children covered up to age 26
Domestic Partner The Affidavit of Domestic Partnership form and required documentation can be found on Benefits Online
*Additional dependent documentation may be requested by the Benefits Department, such as a child’s adoption paperwork or a dependent’s SSN
INELIGIBLE Dependents include: ex-spouses, grandchildren, siblings, and nieces or nephews (even if they are living with you)
MEDICAL & RX
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MEDICAL & PRESCRIPTION DRUG COVERAGE (Rx)You have a choice of medical plan options administered by UnitedHealthcare (UHC). The High Deductible Health Plan (HDHP) is available to all employees. The other options offered to you depend on your home zip code. Review the Medical Benefits chart on the next page for coverage details.
If you enroll in any Kinder Morgan medical plan option, prescription drug coverage that provides retail and mail services is automatically included. Our prescription drug program is administered by CVS Caremark (except for Kaiser). More information about the program can be found in the Medical SPD.
If you live in California and enroll in the Kaiser medical plan option, you will also be automatically enrolled in the Kaiser prescription drug plan. Kaiser information is included in your enrollment packet if you reside in California.
CVS Caremark Drug Program – Important Details
• You must fill your prescriptions at a Caremark Advanced Choice Network pharmacy (like CVS or Walmart), or there will be NO COVERAGE. Go to www.caremark.com, and click on “Order Prescriptions” to access the Pharmacy Locator tool or call the number on your prescription ID card.
• We subscribe to mandatory Maintenance Choice (MC) for maintenance prescriptions. This means that your maintenance prescriptions will NOT be covered unless they are filled by the CVS Caremark mail order service or a CVS retail pharmacy. You are also required to convert from a
30-day maintenance script to a 90-day script effective with the third fill of a maintenance drug, or there will be NO COVERAGE.
UnitedHealthcare Prior Authorization (PA): Certain healthcare services require preauthorization to help determine whether the service or treatment plan is medically necessary. In general, network providers are responsible for obtaining PA for services, such as surgical procedures, inpatient hospitalization and radiology services.
You must obtain Prior Authorization before you receive the services from a non-network provider, or you will be responsible for paying all charges and no benefits will be paid.
Call UHC at the toll-free telephone number on the back of your ID card to see if your upcoming service (network or non-network) requires Prior Authorization and if PA has been obtained and approved.
Medical and Prescription ID CardsMedical and prescription ID cards will be mailed to your home address. The UHC card will show your name and the names of your covered dependents, but the CVS Caremark card will only display your name, though your dependents will be covered.
To transfer your prescriptions, just provide the label information from a prescription bottle to a Caremark Advanced Choice Network pharmacy, and they will take care of the rest.
2018 MEDICAL OPTIONS
HDHP High Deductible Health Plan
PPO Preferred Provider Organization
EPO Exclusive Provider Organization
OOA Out-of-Area
Kaiser (California only)
If you do not actively enroll, you will default to employee only coverage in the HDHP. Costs for the 2018 medical options can be found on page 13 of this guide.
BE HEALTHYGood health is important. We encourage you to go for your annual preventive care physicals and screenings.
Register and use the health and wellness tools and resources available on the UnitedHealthcare website at www.myuhc.com. And for easy access to your healthcare information while you’re on the go, download the UHC Health4Me mobile app.
MEDICAL & RX BENEFITS
MEDICAL BENEFITS — UnitedHealthcare (UHC)
HDHP1 PPO EPO OOA3
In-network Out-of-network2 In-network Out-of-network2 In-network only Out-Of-Area
Annual DeductibleIndividual $1,350 $2,700 $500 $1,000 $250 $500
Family $2,700 $5,400 $1,000 $2,000 $500 $1,000
Annual Out-Of-Pocket MaximumIndividual $4,800 $9,600 $2,500 $5,000 $7,150 $2,500
Family $7,350 $14,700 $5,000 $10,000 $14,300 $5,000
Doctor's Office VisitPrimary Care 20%* 40%* $20/visit 40%* $30/visit 20%*
Specialist 20%* 40%* $40/visit 40%* $50/visit 20%*
Ambulance (Emergency only) 20%* 40%* No Charge No Charge No Charge 20%*
Well-Child CareOffice Visits & Immunizations $0/visit 40% $0/visit 40% $0/visit $0/visit
Adult Preventive CareRoutine Physicals, GYN exams/Mammograms, Prostate exams
$0/visit 40% $0/visit 40% $0/visit $0/visit
Lab/X-RayNon-Hospital 20%* 40%* No Charge 40%* No Charge 20%*
Hospital 20%* 40%* 20%* 40%* No Charge 20%*
Chiropractic** 20%* 40%* $40/visit 40%* $50/visit 20%*
Emergency Room Care 20%* 20%* 20%* 20%* 20%* 20%*
Hospital Surgery
Outpatient 20%* 40%* 20%* 40%* $300/visit* 20%*
Inpatient 20%* 40%* 20%* 40%* $750 per admission* 20%*
IMPORTANT: No benefits will be payable if you or your physician do not call UHC’s Personal Health Support and receive Prior Authorization for hospital admissions, surgical procedures, and other services requiring PA. If PA is not obtained and approved you will be responsible for all costs. Read page 4 for more information.
Mental Health & Substance AbuseOutpatient 20%* 40%* $20/visit 40%* $30/visit 20%*Inpatient 20%* 40%* 20%* 40%* $750 per admission* 20%*
1Annual deductible (which includes Rx) must be met before HDHP benefits are paid. Under the HDHP the Individual Deductible and Out-of-Pocket Maximum only applies to those with Employee Only coverage. 2Subject to the Maximum Non-network Reimbursement Program method (MNRP 110%) when you use a non-network provider. 3Subject to Reasonable & Customary (R&C) limits when you use a non-network provider. *After the deductible is met you pay this amount. **$1,000 annual maximum for HDHP, PPO and OOA | EPO annual maximum = 60 visits per year. This is not a complete list of covered services. See the Medical SPD for more information.
PRESCRIPTION DRUGS Caremark Advanced Choice Network
Retail (30-Day Supply) Mail Order (90-Day Supply) Specialty Rx2
Generic $10 copay $20 copay $75 copay
Brand Formulary1 25% coinsurance ($40 min) 25% coinsurance ($80 min) $150 copay
Brand Non-Formulary1 25% coinsurance ($60 min) 25% coinsurance ($120 min) $225 copay
1 Your cost will be higher if you receive a name brand drug when a generic is available. 2 Limited to 30-day supply. MANDATORY MC: All maintenance drugs taken on a regular long-term basis (30 days or more) must be filled with a 90-day prescription through the CVS Caremark mail order service or a local CVS pharmacy (90-day supply), or effective with the 3rd fill there is NO COVERAGE. This is not a complete list of covered services. See the Medical SPD for more information.
DENTAL & VISION COVERAGE
DENTALDental coverage is through the Cigna Dental Preferred Provider Organization. If you enroll for dental coverage you will receive Dental ID cards in the mail. Review the Dental SPD and register on the www.myCigna.com website to learn more about your dental coverage.
DENTAL HIGHLIGHTS (in-network)
Annual Deductible$50 Individual$150 Family
Preventive and Diagnostic(examples: oral exam, bitewing x-rays)
Plan pays 100%
Basic Restorative(examples: fillings, routine extractions)
Plan pays 80% after deductible
Annual Maximum Benefit$2,000 per person
Major Restorative(examples: bridges, crowns, dentures)
Orthodontia (for dependent child under 19 years of age)
Plan pays 50% after deductible
Plan pays 50%Lifetime Maximum Orthodontia$1,500 per child
Implants Plan pays 50% after deductible
VISIONVision coverage is through Vision Service Plan (VSP). If you enroll for vision coverage you will not receive ID cards; however, your eye doctor can access your benefit information with your Social Security Number. Review the Vision SPD and register on the www.vsp.com website to learn more about your vision coverage.
VISION HIGHLIGHTS (in-network)
Service Copay Coverage/Description Frequency
WellVision Exam $5 VSP exam focuses on your eye and overall wellness Every calendar year
Prescription Glasses $15 See Frames and Lenses
Frames Included with Prescription
Glasses
$180 allowance for wide selection of frames Every other calendar year
Prescription Lens Single vision, lined bifocal, lined trifocal lenses Every calendar year
Contact Lens $0 $160 allowance for contact lens exam and contacts Every calendar year
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STAY CONNECTED! Manage your healthcare whenever and wherever you are by downloading the myCigna and VSP healthcare vendor apps today.
NOTE: You may obtain dental and/or vision services from any provider of your choice. However, you may save money by obtaining services from a Cigna network or VSP network provider. The list of services above is not all-inclusive.
LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT (AD&D) INSURANCE
LIFE AND AD&D INSURANCEKinder Morgan provides you with Company-paid Basic Life and Basic AD&D coverage equal to 2x annual base pay (each) payable to your beneficiaries in the event of your death. The maximum amount of coverage for each is $1,200,000.
Optional Life Insurance and AD&DFor additional protection you can purchase Optional Life or Voluntary AD&D coverage for you and your family. You pay the full cost of this coverage (see page 13 for rates). Optional Employee and Spouse Life rates are age-based. Keep in mind that Optional Employee or Spouse Life insurance may be subject to Evidence of Insurability (EOI). Dependent documentation is required if you are enrolling for Optional Spouse or Child Life.
Refer to the SPD and/or insurance certificate found under Benefits Online for more plan terms and conditions, such as dual coverage rules, coverage reductions due to age (at 65 and older) and exclusions.
As a new hire, if you enroll during the first 30 days, you can elect the following coverage without EOI:
• Optional Employee Life of 3x annual base pay not to exceed $500,000; and/or
• Optional Spouse Life up to $50,000
Amounts higher than the above are subject to the EOI coverage limits shown below.
Evidence of Insurability (EOI)If you enroll for Optional Employee Life or Optional Spouse Life coverage that is greater than the approved amount for a new hire, the additional amount you elect will be subject to proof of good health, or EOI. Securian, our insurance company, will mail EOI instructions to your home address, and will approve or deny your application. You will only pay premiums for the approved amount of insurance pending approval for the additional coverage.
OPTIONAL LIFE
DEPENDENT YOU CAN ELECT NOTES
Employee Life 1x to 5x annual base pay Elections must be in multiples of annual base pay. Coverage in excess of 3x annual base (not to exceed $500,000) is subject to Evidence of Insurability (EOI). Maximum: lesser of 5x annual base pay or $2 million
Spouse Life Flat Amounts Elections must be in flat amounts of:$25,000, $50,000, $100,000, $150,000 or $250,000. Coverage in excess of $50,000 is subject to EOI Maximum: $250,000
Child Life $10,000 life insurance Eligible children from live birth up to age 26 are covered for $10,000 (each) for one flat premium. EOI is not required.
OPTIONAL LIFE CALCULATION: For purposes of determining Optional Employee life insurance benefits and premiums for 2018, your base salary as of your hire date will be used. The rate used to calculate your premiums will be based on your age as of December 31, 2017. Any pay increases in 2018 will not affect the cost of coverage, but will be reflected in any benefits paid. Optional Spouse life premiums will also be based on your spouse’s age as of December 31, 2017.
Voluntary AD&D Insurance – AD&D insurance may pay benefits if the cause of death or dismemberment is the direct result of an accident. You may elect AD&D coverage for you, or for you and your family. You can elect up to 5x annual base pay. Maximum coverage is the lesser of 5x annual base pay or $2 million.
DESIGNATE BENEFICIARIES for your Kinder Morgan Life, AD&D, Savings & Retirement benefits. Go to: KMONLINE > Benefits Online > Forms > Beneficiary Designation
Note: You are automatically the beneficiary for any Optional Life and/or Voluntary AD&D insurance you elect for your spouse/domestic partner and/or child(ren).
PRE-TAX CONTRIBUTIONS
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Examples of eligible HSA or Healthcare FSA expenses include:
• Doctor’s office visits and exams • Prescription drugs • Medical testing devices (i.e. Blood sugar test kits)
• Physical Therapy • Acupuncture • Hearing aids (and batteries)
Explore the Optum Bank website at www.optumbank.com or the PayFlex website at www.payflex.com for other eligible (or ineligible) services. You can also refer to IRS Publication 502 and 969 at www.irs.gov for more information.
PRE-TAX CONTRIBUTIONSYou can voluntarily elect to make pre-tax contributions to a spending account to help pay for your eligible health care or dependent care expenses. You must actively enroll and elect your annual pre-tax contributions each year. Your Health Savings Account (HSA) or Flexible Spending Account (FSA) contributions will be deducted pre-tax from your paychecks throughout 2018. Learn more about HSA and FSAs by reading and reviewing pages 8 and 9.
HSA AND FSA CONTRIBUTIONS
HSA1Health Care
FSA Limited Purpose
FSA (LFSA)2Dependent Care FSA
Eligible if Enrolled in HDHP Yes No Yes Yes
Eligible if NOT Enrolled in HDHP No Yes No Yes
Annual Contribution Limits $3,450/ $6,900 $2,650 $2,650 $5,000
Eligible Expenses (per IRS)3 Health Care Health Care Dental & Vision Dependent Care
Plan Year End Date (to incur expenses) N/A 03/15/19 03/15/19 12/31/18
Claim Filing Deadline N/A 03/31/19 03/31/19 03/31/19
Administrator Optum Bank PayFlex PayFlex PayFlex
1 Annual HSA limits: $3,450 for employee only coverage, and $6,900 for family coverage. An employee age 55 or older can make an additional $1,000 in “catch-up” contributions to an HSA. 2 LFSA may be used to pay for eligible dental and vision expenses; eligible medical and prescription expenses can be submitted after you meet your annual medical deductible (proof is required). 3 Health care can include qualifying medical, dental, or vision expenses. Dependent Care qualified expenses can include: daycare for children by qualified caregivers, summer day camps, and after school care.
HSA EligibilityYou are eligible to open and fund a Health Savings Account (HSA) if you:
• Are covered by an HSA-qualified High-Deductible Health Plan (HDHP) • Are not covered by any other non-HSA-eligible health plan (dental, vision, disability and some other types of additional coverage are permissible).• Are not enrolled in Medicare, TRICARE or TRICARE for Life.• Are not eligible to be claimed as a dependent on someone else’s tax return.
NOTE: Other restrictions and exceptions may also apply. Please consult a tax, legal or financial advisor to discuss your personal circumstances.
Keep in mind that while both Health Savings Account and Flexible Spending Account contributions lower your taxable income, according to IRS rules, HSA dollars are not forfeited if you don’t use them during the plan year — they continue to rollover from year to year. However, FSA dollars operate under the “use it or lose it” policy. If all of the money deposited into an FSA is not used for qualified expenses by the plan year end date (see chart above), those dollars are forfeited; therefore, plan carefully. FSA and HSA account holders should also save receipts in case of an IRS audit.
You can also review the Flexible Spending Benefit Plan SPD for more HSA and FSA details.
PRE-TAX CONTRIBUTIONS & DISABILITY PROGRAM
Flexible Spending Accounts (FSAs)We have three FSAs available: the Health Care FSA, the Dependent Care FSA, and the Limited Purpose Health Care FSA (LFSA). If you elect to make FSA pre-tax contributions, you can access your account and helpful tools and resources 24/7 by registering on the PayFlex website at www.payflex.com, and by downloading the PayFlex mobile app. You should also receive a PayFlex MasterCard at home to pay for eligible expenses if you are newly enrolling. You can also use the online features or the mobile app to reimburse yourself.
Health Care FSA – available if enrolled in the PPO, EPO, OOA, or Kaiser medical options You can use your health care FSA dollars to pay for eligible out-of-pocket medical, prescription drug, dental, and vision expenses for you, your spouse, and your tax dependents. Out-of-pocket expenses can include deductibles, coinsurance, and co-pays.
Dependent Care FSA Dependent Care can be used for child daycare expenses if the child is 13 years old or younger, a spouse who is unable to work and care for him or herself, or another adult dependent who is unable to care for him or herself and for whom you claim the dependent exemption on your taxes. This account cannot be used for dependent healthcare expenses.
Limited Purpose Health Care FSA – available if enrolled in the HDHP medical optionA Limited Purpose FSA generally pays for eligible dental and vision expenses. The LFSA may also cover other health care expenses (medical and Rx) after you complete a PayFlex Post-Deductible Expense Reimbursement Certification Form and prove that you have met your medical deductible. Providing an Explanation of Benefits (EOB) showing when you met your medical deductible will be considered proof.
SHORT & LONG-TERM DISABILITY COVERAGEEligible employees who are absent from work as a result of their own illness or injury may receive Short-Term Disability (STD) and Long-Term Disability (LTD) benefits. No enrollment is necessary; these are Kinder Morgan provided benefits.
STD benefits vary based on your years of service. You may receive 70% or 100% of your base earnings. LTD benefits may be payable after a 182-day elimination period has been met, generally after you have exhausted your STD benefits. LTD benefits equal 60% of your base monthly earnings and are approved and paid by the LTD insurance carrier, Cigna.
STD and LTD claims are subject to approval by the Disability Management Group or the LTD insurance carrier, and are subject to Plan or Contract provisions. Learn more about STD and LTD by reading the SPD.
Contact our Disability Management Group to file an STD claim at (800) 353-2556 option 3.
Health Savings Account (HSA)If you are enrolled in the High Deductible Health Plan (HDHP), you can elect to make HSA pre-tax contributions to pay for qualified healthcare expenses for you, your spouse, and eligible dependents.
A Health Savings Account is a savings plan for your health. Contributions to an HSA are tax-deductible up to the annual limit, and money you take out of your HSA to pay for qualified medical expenses is also tax-free.
Kinder Morgan will open your account with our HSA trustee, Optum Bank, if you are contributing for the first time. Your pre-tax dollars will be deposited once your account is established. Be on the lookout to receive an Optum Bank MasterCard and PIN at your home address. You can access and manage your HSA via the UHC website at www.myuhc.com, or by registering on the Optum Bank website at www.optumbank.com.
SAVINGS PLAN
RETIREMENT PROGRAMSSaving for retirement is important. Kinder Morgan helps you prepare with the Kinder Morgan Savings Plan and the Kinder Morgan Retirement Plan. Kinder Morgan contributes to these Plans on your behalf, and you can also make personal contributions to your Savings Plan.
SAVINGS PLAN - 401(k)Empower Retirement is our 401(k) administrator. We are proud that more than 90% of employees realize the power of saving and contribute to the Savings Plan. The average employee contribution percentage is 8%. Register on the Empower Retirement portal to choose your investment options, increase or change your contributions, and access educational and interactive planning tools. Go to www.empowermyretirement.com to register.
Company Contributions – Qualified Non-Elective Contribution (QNEC)The company contributes 5% of your eligible compensation (subject to certain IRS limitations) each pay period — regardless of your contribution level — and it is invested per your elections or into the appropriate target date fund.
You are vested in the QNEC contributions after two years of eligible service.
Your Contributions You can contribute from 1% to 50% percent of your eligible compensation, per pay period on a Pre-tax or Roth After-tax basis, subject to certain IRS limitations. Your contributions are invested per your elections or into the appropriate target date fund. You are 100% vested in your own contributions immediately. Go to www.empowermyretirement.com or call (844) 465-4455 to make a contribution election.
Automatic Enrollment for New HiresAs a new hire, you will be automatically enrolled in the Savings Plan at a pre-tax contribution rate of 3% of eligible compensation 30 days after you become a participant if you do not actively make a contribution election. In addition, you will also be enrolled in the automatic increase program, which means that your pre-tax contributions will increase by 1% each year until you reach an 8% contribution level, or you elect another contribution percentage rate (from 1% to 50%).
Note: If you do not want to be automatically enrolled in the Savings Plan and/or be enrolled in the automatic increase program, you must contact Empower to modify your contribution rate or opt out.
A booklet explaining the Savings Plan features will be mailed to your home address. You can also contact Empower Retirement at (844) 465-4455. Find the Savings Plan SPD on KMONLINE > Benefits Online > Plans (SPDs)
Eligible compensation used to determine the QNEC includes base, holiday and Paid Time Off pay, scheduled overtime and shift differential.
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Eligible compensation used to determine your contributions includes base, holiday and Paid Time Off pay, all overtime and shift differential.
RETIREMENT PLAN
RETIREMENT PLAN – PENSIONKinder Morgan also provides pension benefits in the form of a Personal Retirement Account or PRA (commonly known as a cash balance plan). The company pays the total cost of this benefit; no employee contributions are allowed, and no enrollment is necessary. Read the Retirement Plan SPD for more information.
Your PRA grows with Kinder Morgan contribution credits and interest credits. If you are vested when you terminate, your pension benefit is based on your PRA balance, and several annuity payment options and a lump sum option may be available to you.
You are vested in your PRA after three years of eligible service.
Company Contribution and Interest CreditsThe amount the Company contributes to your PRA on a bi-weekly basis, is a variable percentage of eligible compensation (subject to certain IRS limitations) based on your age and years of service as of 12/31 of the prior year. See the table below. The annual interest credit rate of 2.30% for 2018 is credited bi-weekly as well.
Check your Personal Retirement Account BalanceMercer is the administrator of the Retirement Plan. Be sure to register at www.ibenefitcenter.com/kindermorgan. Just follow the New User instructions and you will be able to see your balance, run estimates, and access helpful financial tools and resources.
You can also call the Kinder Morgan Benefits Service Center if you have questions about your PRA benefits at (866) 301-2359.
CONTRIBUTION CREDITS
Age + Service as of 12/31 of the prior year Less than 50 = 4% 50 and above = 5%
It’s very important that you DESIGNATE BENEFICIARIES for your Savings Plan, Retirement Plan, and Life and AD&D Insurance.
You will need to visit three different vendor websites to name your beneficiaries. Name your beneficiaries today by following the instructions found at:
KMONLINE > Benefits Online > Forms > Beneficiary Designation
Eligible compensation used to determine Kinder Morgan’s PRA contributions includes base, holiday and Paid Time Off pay, scheduled overtime and shift differential.
KM Retirement Plans (A & B)
KM has two Retirement Plans.
The Plan you participate in (Plan
A or Plan B) is dependent on
your hire date and any previous
KM service. Pension benefits are
calculated the same under both
Plans.
Kinder Morgan offers resources on our intranet site to help manage your work and home life. Explore KMONLINE to not only link you to the New Hire Site, Benefits Online, and our HR/Employee Self-Service (ESS) system, but to find other information as well, such as our company news, policies and procedures, employee discounts, company store, tuition reimbursement, and much more.
Below are more Kinder Morgan benefits to consider. If you have any questions, please contact your Human Resources Representative or [email protected].
Employee Stock Purchase Plan (ESPP)The plan allows employees to purchase KMI stock on the open market through after-tax payroll deductions without paying brokerage commissions. Computershare provides services and administers our ESPP at www-us.computershare.com/employee (use code: KMT or Kinder Morgan).
Business Travel Plan (BTA)Business Travel Accident Insurance may pay benefits for loss of life, limb(s), paralysis, sight, speech and hearing, if sustained while on a business trip for Kinder Morgan. The Business Travel Accident Insurance is issued by Securian, and the insurance company investigates and determines payment of benefits.
Benefits are equal to three times annual base pay up to a maximum of $1.2 million.
Paid Time Off Schedule 2018 Holiday Schedule
YEARS OF CREDITED SERVICE ANNUAL PTO HOURS DATES OBSERVED HOLIDAY
0 – 4 years
5 – 9 years
10 – 19 years
20+ years
120
160
200
240
Monday, January 1Monday, January 15Friday, March 30Monday, May 28Wednesday, July 4Monday, September 3Thursday, November 22Friday, November 23Monday, December 24Tuesday, December 25
New Year’s DayMLK DayGood FridayMemorial DayIndependence DayLabor DayThanksgiving DayKM designated holidayKM designated holiday Christmas Day
Note: New hires will receive prorated PTO based on hire date for the first year.
12 (866) 775-5790 option 3
OTHER BENEFITS
Employee Assistance Program (EAP)Kinder Morgan’s EAP provides confidential support for those every day challenges or more serious problems through counseling and referral services. The EAP is available 24 hours a day, 7 days a week. Call Optum at (866) 248-4094 at any time, or go online at www.liveandworkwell.com (access code: kinder) to find helpful tools and resources.
BENEFITS COSTS
OPTIONAL EMPLOYEE & SPOUSE LIFE INSURANCE - Monthly Cost (after-tax)
Age Rate/$1,000 Age Rate/$1,000 Age Rate/$1,000 Age Rate/$1,000
Under 30 $0.048 40 - 44 $0.084 55 - 59 $0.360 70 - 74 $1.648
30 - 34 $0.064 45 - 49 $0.128 60 - 64 $0.552 75 + $2.060
35 - 39 $0.076 50 - 54 $0.192 65 - 69 $1.032
OPTIONAL CHILD LIFE INSURANCE - Bi-Weekly Cost (after-tax): $0.92
VOLUNTARY AD&D INSURANCE - Monthly Cost (after-tax)
Coverage Employee Spouse Children Rate/$1,000
Employee 100% N/A N/A $0.015
Employee & Spouse 100% 50% N/A $0.030
Employee, Spouse & Children 100% 40% 10% $0.030
Employee & Children 100% N/A 10% $0.030
2018 PREMIUMS Employee Only Employee + Spouse Employee + Child(ren) Employee + Family
MEDICAL - Bi-Weekly Cost (pre-tax)
UHC HDHP $ 19.8 1 $ 71 .37 $ 34.97 $ 89.20
UHC PPO $ 70.64 $ 206.50 $147.22 $270.08
UHC EPO $ 94.19 $245.58 $199.99 $ 330.35
UHC Out-Of-Area (OOA) $ 70.64 $206.50 $ 17 1 .45 $270.08
KAISER (California) $ 81.67 $ 196.51 $138.97 $270.02
DENTAL - Bi-Weekly Cost (pre-tax)
CIGNA DENTAL $ 7.35 $ 15.22 $ 16 .1 7 $ 23.08
VISION - Bi-Weekly Cost (pre-tax)
VSP $ 3.86 $ 5.50 $ 6.44 $ 10.30
Below are the 2018 premiums and rates. Payroll deductions will commence as soon as administratively possible and deductions retroactive to your hire date will be taken.
NOTE: To calculate your Optional Employee/Spouse Life Insurance and Voluntary AD&D, take the coverage amount and ÷ $1,000 x monthly rate above x 12 months = annual amount. Divide annual amount by 26 pay periods = bi-weekly amount.
CONTACTS
BENEFIT RESOURCE TELEPHONE SERVICE/GROUP ID WEBSITE
KM Benefits Department (866) 775-5790option 3
Benefits KMONLINE > Benefits Online
Ask questions and scan and email documentation to: [email protected]
UnitedHealthcare (UHC) ( 8 7 7 ) 561-2829(800) 237-4936
Medical (700639)Nurseline
www.myuhc.com
Kaiser (HMO) - California (800) 464-4000 Medical (138050-0000) www.KaiserPermanente.org
CVS Caremark (800) 840-0357 Prescription - Rx (5101) www.caremark.com
Cigna (800) 244-6224 Dental (3339023) www.mycigna.com
Vision Service Plan (800) 877-7195 Vision (12055862) www.vsp.com
Optum EAP (866) 248-4094 Employee Assistance Program (EAP)www.liveandworkwell.comAccess Code: kinder
Optum Bank (800) 791-9361 Health Savings Account www.optumbank.com
PayFlex (844) 729-3539 Flexible Spending Accounts www.payflex.com
Empower Retirement (844) 465-4455 Savings Plan - 401(k) www.empowermyretirement.com
KM Benefits Service Center (866) 301-2359 Retirement Plan - Pension www.ibenefitcenter.com/kindermorgan
Computershare (800) 633-9394 ESPP www-us.computershare.com/employee
Disability Management Group (DMG)
(800) 353-2556option 3
Disability Claim Filing & Information STD/LTD/FMLA
Securian Life Insurance (844) 301-0133 Life/AD&D/BTA Insurance [email protected]
Beneficiary Designation instructions for Life/AD&D, Savings and Retirement: KMONLINE > Benefits Online > Forms > Beneficiary Designation
