Retirement Plans

Retirement
Company-Paid Pension Plan: YOU may not be thinking about your retirement - but we are! Through our Pension Investment Plan, you get real savings you can count on and it doesn't cost you one cent.

Each year when you're credited with 1,000 hours of service, Sherwin-Williams contributes up to 7% of your earnings to your pension account based on your age and service. At your direction, the money is invested in one or more separate investment funds.

After 5 years vested service, you're 100% vested in the pension plan - and the money in your pension is yours to keep for retirement.

Stock Purchase & Savings Program: We offer an excellent Stock Purchase & Savings Plan with a 401(k) provision that gives you the opportunity to become a shareholder of the Company AND save for your retirement.

Through easy payroll deductions, you make regular purchases of the Company's stock, thereby increasing your interest in the growth of the Company and its financial success.

After your one-year employment anniversary, Sherwin-Williams matches your contribution in an amount equal to 100% of your contribution - up to 6% of your earnings.

With the Stock Purchase and Savings Program combined with the Pension Investment Plan, you've got a powerful retirement savings program that could outlive Social Security!

The benefit and coverage defined above is a general overview. Specific information defining the benefit can be obtained during the application process.



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