Save for the future with Oxy's 401(k) Savings Plan.
When you participate in the plan, you can take advantage of the company matching contribution. It’s like getting “free” money. Following is a high-level overview of the 401(k) Plan (formerly called the Personal Savings Account, or PSA). For details, refer to the
summary plan description. Voya Financial is the recordkeeper for the 401(k) Plan.
Newly hired, permanent employees are automatically enrolled in the 401(k) Plan. This means:
If you want to change elections or opt out of the plan, log on to
All other eligible employees: You may enroll in the 401(k) Plan at any time.
Note: If Oxy's contributions to the 401(k) Plan are limited by IRS caps, Oxy will make allocations to the nonqualified
Supplemental Retirement Plan (SRP).
Oxy matches before-tax, Roth and after-tax contributions (catch-up contributions excluded):
Note: Oxy's contributions are invested in the Oxy Stock Fund.
You have several options for accessing your account:
tools & resources
Complete your beneficiary designation, rollover and other forms on
Qualified Domestic Relations Orders (QDRO) related to Oxy’s 401(k) plan should be submitted to:
Oxy QDRO Administration P.O. Box 24425 Jacksonville, FL 32241-4425
For more information about QDROs, see the
401(k) Summary Plan Description or call