your chevron COBRA benefits transition

Chevron Corporation recently acquired PDC Energy. As part of integration efforts, effective January 1, 2025, PDC Energy benefits will transition to Chevron benefits, and the administration of COBRA benefits will transition from Rocky Mountain Reserve to BenefitConnect | COBRA. As a result, there are important changes coming to your current COBRA plans, billing, payment and enrollment process. Please watch for additional communications to arrive directly from the new COBRA administrator, BenefitConnect | COBRA, during the month of November.

This communication provides only certain highlights about benefit provisions. It is not intended to be a complete explanation. If there are any discrepancies between this communication and the legal plan documents, the legal plan documents will prevail to the extent permitted by law. Oral statements about plan benefits are not binding on Chevron or the applicable plan. Chevron Corporation reserves all rights, for any reason and at any time, to amend, change or terminate these plans or to change or eliminate the company contribution toward the cost of such plans. Such amendments, changes, terminations or eliminations may be applicable without regard to whether someone previously terminated employment with Chevron or previously was subject to a grandfathering provision. Unless required by applicable law, there are no vested rights with respect to any Chevron health and welfare plan benefit or to any company contributions towards the cost of such health and welfare plan benefits. Some benefit plans and policies described in this document may be subject to collective bargaining and, therefore, may not apply to union-represented employees.