Rockwell Collins offers several options for retirement savings and life insurance.
Saving for retirement
Rockwell Collins offers a comprehensive retirement savings program to help employees plan for their retirement. As employees contribute to the plan, Rockwell Collins provides a matching contribution up to a certain percentage of the employee's contribution. We also make an automatic contribution to the savings plan for all eligible employees, based on an employee's age and years of service. Employees can choose from a variety of investment funds and can contribute up to 50 percent of their pay.
We offer an opportunity for employees to build ownership in Rockwell Collins by participating in the Employee Stock Purchase Plan. With this plan employees can purchase Rockwell Collins stock at a discount, your purchase is made through automatic payroll deductions and you are not charged any fees or expenses.
In addition, we offer investment and retirement planning workshops and independent financial planning services to help employees make the most of their savings and retirement choices.
No one wants to think about being injured or dying. However, it's comforting to know that financial protection is available if something happens. Rockwell Collins provides company-paid term life and accidental death and dismemberment insurance equal to an employee's annual base salary. We also provide the option for our employees to purchase supplemental term or universal life insurance coverage up to 10 times annual base pay at group rates, as well as to cover their spouses and or/children.