Aramco Shared Benefits Company

U.S. subsidiaries and joint ventures

Aramco Shared Benefits Company (ASBCO) offers competitive benefits packages and other programs designed to meet the diverse needs of Aramco employees and their families.

Benefits overview

Summary Plan Descriptions (SPDs) and additional plan details are available by clicking the title link of each corresponding plan. The Company reserves the right to modify, amend, suspend, or terminate any of these plans at any time; provided, however, that no such amendment or termination shall affect the right of a Member to receive any unpaid benefit under any plan.

The Savings Plan – 401(k)
We encourage employees to save responsibly for their future. So, new employees are automatically enrolled in The Savings Plan at a rate of 9 percent of their monthly base earnings, unless they elect otherwise. We also match employee contributions dollar-for-dollar up to the first 9 percent of their monthly base earnings. Employees are immediately vested in company contributions.

Retirement Income Plan
This is a defined benefit pension plan that provides retirement benefits to vested employees. Employees become eligible to participate in the plan on their hire date, and become vested upon completing five years of eligible service or upon reaching the plan’s normal retirement age of 60. Aramco pays the cost of this plan.

Medical Payment Plan
Medical coverage is available for employees and their eligible dependents who elect to participate.

Dental Insurance
Dental coverage is available for Aramco Americas employees and their eligible dependents who elect to participate. Employees are responsible for paying for their selected coverage.

Group Insurance Plan
We provide company-paid life insurance and accidental death and dismemberment insurance. Employees may also elect to purchase additional life insurance and accidental death and dismemberment insurance for themselves and their eligible dependents.

Short-Term Disability
We provide certain salary continuation benefits for a specified period of time for employees who are unable to work as a result of illness or injury. Aramco pays the cost of this plan.

Long-Term Disability
We provide benefits for a specified period of time for employees who are unable to work as a result of a long-term illness or injury. Aramco pays the cost of this plan.

Flexible Benefit Plan
This plan allows employees to make premium payments for medical, dental, and optional accidental death and dismemberment insurance coverage on a pre-tax basis.

Retiree Medical Payment Plan
Medical coverage is available for retirees and their dependents who meet plan eligibility requirements and elect to participate.

Health Reimbursement Arrangement (HRA) for Medicare-Eligible U.S. Dollar Retirees & Dependents
Medical coverage is available for retirees and their dependents who meet plan eligibility requirements and elect to participate.

2020 Benefits Newsletters
SAO Newsletter
Aramco Americas Newsletter


If you are an Aramco or Aramco Americas employee or retiree, you may contact the Alight Aramco Benefits Center (AABC) to speak with a Customer Service Representative or access your account online.


Contact Us

Website
www.ybr.com/benefits/saudiaramco

Secure Mailbox
Go to the “Contact US” page, select “Send a Question to a Benefits Representative” and a response will be returned via the secure mailbox within the AABC website

Chat
Click the chat tool at the bottom of the “Contact Us” page,  8am-5pm CST

Phone
1-855-604-6220, 8am-5pm CST

View the Aramco Americas 2020 Calendar (PDF)