Borgwarner Inc. · NYSE:BWA
Borgwarner — Investor Presentation (November 2014)
24 slides from Borgwarner's investor presentation, November 2014
Slide 1: 2015 Benefits Enrollment
2015 Benefits Enrollment November 2014
Slide 2: Copyright © 2014 BorgWarner Inc.
Copyright © 2014 BorgWarner Inc. 2
Slide 3: Benefits Not First on Your To Do list?
Benefits Not First on Your To Do list? Now is the time they SHOULD be! Copyright © 2014 BorgWarner Inc. 3
Slide 4: November 17 - December 5
November 17- December 5 Copyright © 2014 BorgWarner Inc. 4
Slide 5: Elections remain in effect for all of 2015 unless qualifying life event
Elections remain in effect for all of 2015 unless you have a qualifying life event Copyright © 2014 BorgWarner Inc. 5
Slide 6: BorgWarner Benefits Overview
BorgWarner Benefits Overview https://borgwarner.a.guidespark.com/videos/6039 Copyright © 2014 BorgWarner Inc. 6
Slide 7: New for 2015: Rx Out-of-Pocket Maximum
New for 2015: Rx Out-of-Pocket Maximum You will receive new medical cards in December Copyright © 2014 BorgWarner Inc. 7
Slide 8: New for 2015: FSA Rollover Feature
New for 2015: FSA Rollover Feature • At the end of this year, 2014, you can rollover up to $500 of your unused funds • Funds over $500 will be forfeited • The rollover is added to your annual contribution for the following year • Doesn’t effect your contribution maximum • All expenses must be incurr
Slide 9: Don't Miss Out: Upgrade Your LTD
Don’t Miss Out: Upgrade Your LTD Copyright © 2014 BorgWarner Inc. 9
Slide 10: RSP Auto Increase Service
RSP Auto Increase Service Coming Soon! Who? Anyone who makes <$115,000 in base pay + bonus and is contributing 1% – 9% to their Savings Before Tax account What? Service will automatically increase your Savings Before Tax contribution by 1% When? Annually beginning April 1, 2015 How? Automati
Slide 11: 2015 Contribution Costs
2015 Contribution Costs NO INCREASES to Dental or Vision Premiums! So, how do you EARN POINTS anyway… Copyright © 2014 BorgWarner Inc. 11
Slide 12: BorgWarner Wellness Overview
BorgWarner Wellness Overview https://borgwarner.a.guidespark.com/videos/6351 Copyright © 2014 BorgWarner Inc. 12
Slide 13: New for 2016
New for 2016 New ways to earn points in 2015 for 2016 (November 1,2014 –October 31, 2015) Weight Loss of 5% Non-fasting blood sugar <140 Copyright © 2014 BorgWarner Inc. 13
Slide 14: Reminder: Dependent Eligibility
Reminder: Dependent Eligibility Dependent spouse - Lawful spouse Working Spouse Rule remains – working spouse must enroll in his/her plan to be added to BW plan Dependent children up to age 26 Regardless of whether they live at home, is listed as a dependent on your tax return or is married
Slide 15: Enrolling Online
Enrolling Online Everyone MUST Go ONLINE and Do One of the Following: Elect to keep coverage the same as 2014 Change coverage Elect to “Waive Coverage” OR … Copyright © 2014 BorgWarner Inc. 15
Slide 16: How To Enroll Online
How To Enroll Online 1. Login to Workday: 1. Go to www.borgwarner.com/benefits 2. Review current coverage: 1. Click “Benefits” worklet 2. Under View click on “Benefit Elections” 3. Complete your 2015 online enrollment: 1. Go to “Inbox” 2. Click on “Open Enrollment” MUST ENROLL BY: DECEMBER 5 Copyrig
Slide 17: Supporting Your Enrollment
Supporting Your Enrollment www.borgwarner.com/benefits Copyright © 2014 BorgWarner Inc. 17
Slide 18: Questions?
Questions? Copyright © 2014 BorgWarner Inc. 18
Slide 19: Thank You For Your Attention
Thank You For Your Attention Our Vision A Clean, Energy-Efficient World Our Mission Deliver Innovative Powertrain Solutions that Improve Fuel Economy, Emissions & Performance Fuel Economy Emissions Performance Copyright © 2014 BorgWarner Inc. 19
Slide 20: Appendix
Appendix Additional detailed slides you can use Copyright © 2014 BorgWarner Inc. 20
Slide 21: FSA Timeline for 2015 and 2016
FSA Timeline for 2015 and 2016 Copyright © 2014 BorgWarner Inc. 21
Slide 22: Health Care FSA Timeline for 2015
Health Care FSA Timeline for 2015 Note: all expenses must be incurred by 12/31/2015 2015 claims must be submitted to Cigna by 3/31/2016 Copyright © 2014 BorgWarner Inc. 22
Slide 23: Don't Miss Out: Upgrade Your LTD
Don’t Miss Out: Upgrade Your LTD Copyright © 2014 BorgWarner Inc. 23
Slide 24: Reminder: Working Spouse Rule
Reminder: Working Spouse Rule Working spouse is required to enroll in the medical coverage offered through their employer in order to be added to a BW plan Here’s How It Works If your spouse is eligible for, but does not to enroll in, their own employer’s group plan, they WILL NOT be eligible