The purpose of the Marathon Ashland Petroleum LLC Retirement Plan is designed to help provide retirees with an income. An employee of MAP, or a participating employer, is eligible to participate in the Retirement Plan when the employee is at least age 21 and has completed one year of service. Employees may retire on the first day of any month after age 50 if they have at least ten years of vesting service. Employees are vested in the Plan upon the completion of five years of vesting service or age 65. This Plan is provided entirely at Company expense.
Eligibility varies by location.
However, the reimbursement percent may be higher or lower depending on the option selected. The Prescription Drug and MMH Programs have separate deductibles and stop-loss limits, if any. Major restorative expenses are based on a schedule. This Plan is available to employees who live or work in a network area. An eligible dependent could be a child, an incapacitated spouse, or an elderly parent.