Profit Sharing Payments will be paid on February 24, 2017. Please note that there is a separate election to defer a portion of this payment into the Personal Savings Plan (PSP). All previous deferrals of Profit Sharing will be reset to zero. If you want to defer either a flat dollar amount or a percentage of your Profit Sharing to the PSP, you must enter your deferral between 8:00 a.m. EST on January 26, 2017 and 4 p.m. EST on February 9, 2017. If no deferral is entered, 100% of the Profit Sharing payment will be included in your normal paycheck on February 24, 2017.
Consider saving just a little bit more for your retirement. Log into your PSP account at: http://www.gmbenefits.com/ to enter your deferral. For more information please reference full text notices sent to you by email or traditional mail, or posted at your work location.