ConocoPhillips
  • Employee Benefits
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    Employee Benefits

    At ConocoPhillips, we offer a variety of benefits that deliver real value to you and your family.

    Savings

    The ConocoPhillips Savings Plan–401(k). GO

    Medical

    HDHP Base, HDHP and PPO options and prescription drug coverage. GO

    Health Savings Account (HSA)

    Tax-free saving for current or future eligible expenses. GO

    Flexible Spending Account (FSA)

    A tax-free way to save on expenses during the year. GO

    Disability

    Financial protection if you are disabled and unable to work. GO

    Employee Assistance Program (EAP)

    Five free counseling sessions and a work-life program. GO

    Retirement

    The ConocoPhillips Retirement Plan – Pension. GO

    Health Improvement Incentive Program

    A great way to live healthy and get paid for it. GO

    Dental

    The Preventive Dental and CP Dental options. GO

    Life Insurance

    Coverage to protect you and your family in the event of death. GO

    Long-Term Care

    Pays for skilled nursing or rehabilitative services. GO

    Vision

    The Vision Base and Vision Plus options. GO

  • Policies & Programs
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    Policies & Programs

    ConocoPhillips provides a variety of policies and programs to support employees as they endeavor to achieve a challenging career and fulfill their personal goals.

    Time Off & Pay Policies

    Paid & unpaid time off helps balance work & personal needs. GO

    Service Recognition

    Check out how ConocoPhillips defines & rewards service. GO

    Discount Program

    New Company. Bigger and better discount program. GO

    Employment & Workplace Policies

    Global & U.S.-specific policies. GO

    Work Schedules & Overtime

    Understanding options & rules. GO

    Corporate Giving Programs

    The company supports your charitable efforts. GO

    Financial Assistance

    College tuition, adoption & natural disaster assistance. GO

  • Life Events
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    Life Events

    Use these resources to help you navigate life changes.

    Change in Status

    A change in status allows you to make changes to your benefits coverage if reported in a timely manner. GO

    COBRA

    You and your dependents may elect to continue coverage through COBRA. GO

    Leaving the Company

    Information if your ConocoPhillips employment ends. GO

    Dependent Verification

    Proof documenting dependent eligibility must be provided when adding a dependent to the Plan. GO

    Planning for Retirement

    How to get your retirement benefits. GO

    Becoming a Parent

    This guide helps navigate benefits and time-off policies. GO

  • Forms & Documents
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    Forms & Documents

    Find forms, SPDs and handbooks regarding your company-sponsored benefits.

    Forms

    Access and print forms. GO

    Summary of Benefits and Coverage (SBC)

    Standardized documents that highlight key medical option provisions. GO

    Savings Plan Documents

    The Summary Plan Description (SPD) for the ConocoPhillips Savings Plan. GO

    Request an SPD

    Request a paper copy of a Summary Plan Description. GO

    Employee Benefits Handbook

    The Summary Plan Description (SPD) for health and welfare. GO

    Summary Annual Reports (SARs)

    Financial information about each plan. GO

    Retirement Plan Documents

    Summary Plan Descriptions (SPDs) and Annual Funding Notices (AFNs) for the ConocoPhillips Retirement Plan. GO

    Retiree Benefits Handbook

    The Summary Plan Description (SPD) for retiree health and welfare plans. GO

  • HR Contact List
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    HR Contact List

    Consult HR with your benefits-related questions.

    HR Connections

    Contact for questions about payroll and HR policies and programs. GO

    Employment Verification

    Often needed for buying a home or car, applying for a loan, and establishing credit. GO

    Benefits Contacts

    Phone numbers and websites for the Benefits Center and our benefit vendors. GO

    W-2 Online Delivery

    Provides W-2 statements online before it has time to reach your mailbox. GO

Retirement

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ConocoPhillips provides competitive benefits to help you plan for retirement.

Cash Balance Account
  • You do not need to enroll in the plan; you are automatically enrolled if you are eligible. The plan is a “cash balance account” retirement plan, paid for entirely by ConocoPhillips, that allows your retirement benefit to grow steadily over your career with the company.
  • Your retirement benefit is based on the value of your account. Your account value grows with pay credits and interest credits that you earn while working for the company.
  • The pay credit percentage is based on your age points plus service points, in whole years, for each year you participate in the plan. The percentage is determined as follows:
    • 6% (Under 44 points)
    • 7% (44-65 points)
    • 9% (66 or more points)
  • Age points are determined by subtracting your year of birth from the current year, and service points are determined by subtracting the calendar you’re in which your recognized service date occurs from the current year.
  • Your benefit depends on the form of payment you elect. You can model your retirement benefit on Your Benefits Resources (YBR) through HR Express if you are an active employee.
  • You generally become vested in your retirement benefits after three years with at least 1,000 hours of service each year.