S&P Global Inc. 401(k) Summary Plan Description

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If You Are on a Leave of Absence

If You Are on a Military Leave of Absence

Loans While on Military Leave

If you have a Plan loan outstanding when your Military Leave commences, you are not required to make a loan payment during the Military Leave until the earlier of:

  • The date of your reemployment with the Company or an Affiliate; or
  • The end of your Military Leave.

If you elect not to make loan payments during the Military Leave and are reemployed by the Company by the deadline imposed by the Company, the original period for repaying the loan will be extended by the period of your Military Leave. The amount of interest you will owe on your outstanding loan balance will continue to grow during the period in which no payments are being made. At the time that repayments must begin, you will be given information about your repayment options.

You may continue to make loan payments while on Military Leave via check or money order. For more information, refer to Loans and Withdrawals.