About the plans

This Summary Plan Description (SPD) is a summary of benefits for the Family Adjustment, Family Income and Contributory Life Insurance plans. These plans were discontinued as to new participants as of January 1, 2000.  Only retirees of Exxon Corporation and employees who met certain age and service requirements as of that date were permitted to remain in these plans. Employees hired after that date, are only eligible to participate in the ExxonMobil Life Insurance Plan.

This SPD does not contain all plan details. In determining your specific benefits, the full provisions of formal plan documents and any the insurance certificates, as they exist now or as they may exist in the future, always govern. You may obtain copies of these documents by making a written request to the Administrator- Benefits. Applicability to represented employees is governed by collective bargaining agreements and any local bargaining requirements.

Information sources

When you need information, you may contact:

Employees, Retirees and survivors call:

ExxonMobil Benefits Service Center | Monday – Friday 8:00 a.m. to 6:00 p.m. (U.S. Eastern Time), except certain holidays
Toll-Free: 1-800-682-2847
or 800-TDD-TDD4 (833-8334) for hearing impaired
Address:
ExxonMobil Benefits Service Center
P.O. Box 18025
Norfolk, VA 23501-1867

Effective January 2, 2024, Alight will be the new administrator of ExxonMobil’s health, life insurance, and pension plans. If you need assistance, please contact:

ExxonMobil Benefits Service Center
Phone: 833-776-9966
Hours: 8am – 4pm CST, Monday through Friday, except certain holidays
Your Total Rewards portal: digital.alight.com/exxonmobil

Alight Mobile app  (available through Apple App Store or Google Play)

Address:
Dept 02694, PO Box 64116, The Woodlands, TX, 77387-4116

CGLIC — Connecticut General Life Insurance Company issues the insurance policy for company-paid insurance and provides the conversion policy if your company-paid life insurance coverage ends.

ExxonMobil sponsored sites — Access to plan-related information for employees, retirees and their family members.

• ExxonMobil Me, the Human Resources Intranet Site — Can be accessed at work by employees.
• ExxonMobil Family, the Human Resources Internet Site — Can be accessed from home by everyone at www.exxonmobilfamily.com.
• Retiree Online Community Internet Site — Can be accessed from home by retirees and survivors only at www.emretiree.com.
• ExxonMobil Benefits Service Center— Can be accessed from home by everyone at www.exxonmobil.com/benefits.

Introduction

Prior to the merger of Exxon Corporation and Mobil Corporation, the Family Income Protection Program was one of the benefit plans sponsored by Exxon Corporation and it provided a wide range of benefits for survivors of employees and retirees.

Exxon Mobil Corporation continues to provide coverage under the following sections of the ExxonMobil Life Insurance Program: ExxonMobil Family Adjustment Plan, the ExxonMobil Family Income Plan and the ExxonMobil Contributory Group Life Insurance Plan to those eligible employees and retirees who had coverage before the merger.

These Plans provide benefits as follows:

• Family Adjustment Plan: a cash benefit of up to one year of your final annualized monthly ExxonMobil benefit pay
• Family Income Plan: a series of monthly benefits that can continue for an eligible survivor's life
• Contributory Group Life Insurance Plan: a cash benefit equal to a multiple of your final annual ExxonMobil benefit pay

The company pays the contributions for the Family Adjustment Plan and the Family Income Plan, while you pay the contributions for the Contributory Group Life Insurance Plan.

A careful reading of this guide will help you understand how the Plans work so you can make the best use of them. You may obtain additional information from the sources shown in the Information sources section.

Overview

The following chart provides an overview of the coverage under the following plans:

1. Family Adjustment Plan
2. Family Income Plan
3. Contributory Group Life Insurance Plan

Details are provided below.

Company Pays		You Pay
Family Adjustment Coverage	Family Income Coverage	Contributory Group Life
Benefit:	Benefit:	Benefit:
Your beneficiary receives a lump sum payment – up to one year’s final annualized ExxonMobil monthly benefit pay depending on your age when you die.	Eligible beneficiaries receive monthly payments – up to 20% of your monthly ExxonMobil benefit pay, depending on who receives the benefit. The period over which the payments are made also depends on who receives the benefit.	Your beneficiary receives a lump sum payment - equal to a multiple of your final annualized ExxonMobil monthly benefit pay based on your age.
When Coverage Ends:	When Coverage Ends:	When Coverage Ends:
If you Retire With Retiree Status-Continues for Life	If you Retire With Retiree Status-Continues for Life	When you stop contributing or the first of the month in which you reach age 70, whichever is first.
If You Terminate Without Retiree Status: Death Benefit - Ends when you leave ExxonMobil. Life Insurance - Ends 31 days (up to one year if you are disabled) following the date you leave ExxonMobil.	If You Terminate Without Retiree Status: Death Benefit - Ends when you leave ExxonMobil. Life Insurance - Ends 31 days following the date you leave ExxonMobil.

When we refer to Family Adjustment and Family Income Coverage we refer to insurance and death benefits provided by these plans. You choose which form of coverage is best for you. Further details on insurance and death benefits can be found in the Insurance benefits versus death benefits section.