Posted: March 2, 2018
AMO Plans: Individual Defined Contribution Plan Percentage Determination Statements for 2018
The American Maritime Officers Plans office has recently mailed Defined Contribution (DC) Plan Percentage Determination Statements to all AMO DC Plan participants. Your individual statement reflects your DC Plan rate effective for employment on and after January 1, 2018.
This statement can also be viewed online by accessing your Newport Group account at https://www.newportgroup.com. The AMO DC Plan rate is based on your points, which increase each year based on your age and length of qualified service. Also, the DC Plan schedules are provided on the AMO Plans website.
AMO DC Plan participants with any questions should contact the AMO Plans office at (800) 348-6515, extension 14.