The Lubrizol Corporation Age-Weighted Defined Contribution Plan is funded entirely by Lubrizol on your behalf.
Annual contributions to your account are made according to a formula based on your age. You control your investment elections, account monitoring, and investment changes as needed.
Participants will vest in The Lubrizol Corporation Age-Weighted Defined Contribution Plan equally over three (3) years.
Employees will be automatically enrolled in the plan upon their hire date. The Lubrizol Corporation Age-Weighted Defined Contribution Plan combined with the Savings Plan provides two ways for you to work toward achieving your retirement goals.
For more information visit http://myLubrizolRetirement.com or contact your local benefits representative.
If you are employed by a subsidiary or affiliate of The Lubrizol Corporation, the subsidiary or affiliate must adopt The Lubrizol Corporation Age-Weighted Defined Contribution Plan for you to be eligible to participate in the AWDC Plan. Eligibility to participate is determined under the terms of the Plan.
