2024 U.S. Expatriate Benefits Guide

The benefits in this guide apply to U.S. Citizens classified as Expat Residents living and working outside of the U.S.

About this guide 

The benefits in this guide apply to U.S. Citizens classified as an Expat Resident living and working outside of the U.S.

At Transocean, we are proud to have the most committed, passionate and capable team in our industry. Your Transocean benefits help you and your family unlock your potential in so many ways. They give you the ability to stay healthy, protect your income if you become disabled, help you prepare for retirement, and much more.

This Benefits Guide was designed to help you learn about your options. Take a few minutes to walk through your choices before you enroll. That way, you can make the most of Transocean's benefits package.

Your benefits are just one way Transocean rewards your hard work, dedication, and commitment. Thank you for your ongoing dedication to Transocean.

Getting Started

Print this page

It is very important to review this Guide and follow the enrollment instructions carefully. You will only be eligible to enroll again for health and welfare benefits when first eligible, during the Benefits Annual Enrollment period, or if you experience a qualifying family status change.


Enrollment Periods

Annually you will be given an opportunity to review your coverage. There are also different times you may change coverage throughout the year: as a new hire, as a transferred employee, or if you experience a qualifying family status change. Each period has different deadlines and rules. Please take time to review the type of enrollment period that most applies to you.

Annual Enrollment 

New Hire Enrollment 

Transferring Employee Enrollment 

Qualifying Family Status Change

You must notify the Transocean Benefits Center within 60 days of a qualifying status change. Documentation of change will be required when adding dependent (i.e. birth certificate, marriage document, etc.)

Click here for help in notifying Transocean of a qualifying status change.

How to Enroll

Enrolling for your benefits is easy. There are two ways to enroll:

  • Online at YourTransoceanBenefits.com or via single sign-on from Workday by selecting the Benefits App and clicking “Login to My Benefits Account”
  • By phone at +1 646 259 0401 if you are dialing outside the U.S. or 1 855 RIG 5005 for U.S. callers.

Transocean U.S. Savings Plan (401(k))

To enroll in your 401(k) plan, visit Fidelity's website, NetBenefits.com and create your account. Once you make your election, it will take 1 to 2 paychecks for your deductions to reflect on your paycheck, based on the payroll deadline.


Who is Eligible

Print this page

For Medical, Dental, Voluntary Life Insurance, and Voluntary Accidental Death & Dismemberment coverage, you can cover:

  • Yourself
  • Your spouse
  • Your Domestic Partner
  • Your children


Adding Dependents to Coverage

Transocean will verify eligibility for all dependents added to coverage. You will be required to provide documentation showing proof of relationship for any dependent added to coverage to ensure they meet eligibility requirements. Learn More 

If you are adding a dependent to your coverage for the first time you must do it within 60 days of your dependent becoming eligible for coverage. Thereafter, you may only add or remove dependents when you experience a qualified event such as birth, marriage or divorce or during the annual enrollment period.

In addition to your spouse or Domestic Partner, Transocean allows coverage for your dependent children, including:

  • Biological children
  • Stepchildren who reside with you
  • Children under legal guardianship and
  • Adopted children

Dependent children must be under age 26. Disabled children may be covered beyond age 26.



You should not have to worry about healthcare when you are working and living in another country. That’s why Transocean offers medical coverage for you and your family at no cost to you.

The International Medical Plan is administered by MSH International.

Get help on the go

Download the MSH mobile app to your smartphone to:

  • Access your MSH ID card
  • Find nearby in-network doctors or facilities, anywhere in the world
  • Access family healthcare data at any time
  • Check your claims and reimbursements
  • Plan your next doctor's appointments using the health directory

Use the same log in as you do to acces the Members’ Area of the MSH website.




Available through MSH International, the International Dental Plan covers most necessary dental care, up to Plan limits. Payment levels are the same worldwide and you can visit any licensed provider. Transocean pays the full cost of Dental coverage for you and your family.

Dental Plan Coverage 

Need ID Cards?

MSH will not mail a paper medical ID card. You can use the MSH mobile app to view your ID.

If you are a U.S. citizen enrolled in this plan, you will receive two ID cards for use within the U.S. (UnitedHealthcare Global for Medical and OptumRx for Pharmacy).

If you are a Non-U.S. citizen, you will not receive a medical or prescription ID card for U.S. coverage.


Flexible Spending Accounts

Print this page

Flexible spending Accounts (FSAs) help you pay for certain costs on a tax-free basis. There are two types of FSAs: Healthcare  and Dependent Care . When you enroll, you decide how much of your pay should be saved into one or both of the accounts. Transocean takes that amount out before any taxes are paid, thus reducing your taxable income and lowering your taxes.


Eligible Expenses Under FSAs

The Internal Revenue Service has strict rules about who qualifies as an eligible dependent and what care is eligible for reimbursement. For details, speak with your tax advisor or visit the IRS Website. You can also call the IRS at +1 800 829 3676 to request Publication 502 for healthcare expenses and/or Publication 503 for dependent care expenses.

Submitting Claims

To receive reimbursement from your FSA, you'll need to submit a valid receipt for services received and a claim form to UHC. Claims may be filed directly through www.myuhc.com.

Healthcare Claims

You can be reimbursed for healthcare received through 31 December of the current year. Your deadline to submit claims is 31 March of the following year.

Dependent Care Claims

You can be reimbursed for dependent care received through 31 December of the current year. Your deadline to submit claims is 31 March of the following year.


Employee Assistance Program

Print this page


Moving to a new country brings a variety of challenges — culture shock, different foods, isolation and loneliness are just a few. That is why Transocean offers the Employee Assistance Program through Shepell FGI. If you are in the medical plan, the Employee Assistance Program is included as part of your medical coverage.

Transocean pays the entire cost. You get the help you need. What could be better?

  • 24-hour-a-day support
  • Completely confidential
  • Six no-cost visits with experienced counselors for you and each family member
  • Limited financial planning and legal services

Learn more about your Expatriate Employee Assistance Program.


Life Insurance

Print this page

Transocean offers life insurance coverage for you and your eligible dependents through New York Life. You are automatically enrolled for Basic Life Insurance coverage. You’ll need to enroll for any Voluntary Life coverage you want to purchase for yourself and/or your dependents.

Electing coverage over $250,000  may require you to provide Evidence of Insurability.


Basic Life Insurance

Basic Life Insurance provides coverage equal to two times your annual base salary rounded up to the next $1,000, up to a maximum of $750,000.

Transocean pays the full cost of this benefit and you are automatically enrolled for this coverage.

Voluntary Life Insurance

You can supplement your Company-paid Basic Life Insurance coverage through Voluntary Life Insurance. You can purchase coverage of one to five times your annual base salary, rounded up to the next $1,000, up to a maximum of $750,000.*

Your combined Basic and Voluntary coverage may not exceed $1,250,000.

*The amount of your coverage will begin to reduce at age 65.

Dependent Life Insurance

If you buy Voluntary Life Insurance for yourself, you can buy Life Insurance for your family as well.

You can buy Voluntary Spouse Insurance of $10,000, $25,000, $50,000, $75,000 or $100,000. Your spouse’s coverage cannot be more than 50% of your Voluntary Life Insurance.

You can buy Child Life Insurance of $5,000, $10,000 or $20,000. The coverage you select applies to all your eligible children.


Accidental Death and Dismemberment

Print this page

It isn’t pleasant to consider, but everyone should be prepared for worst-case scenarios. Accidental Death and Dismemberment (AD&D) Insurance gives you one more way to protect your finances when you need them most.

Available through New York Life, AD&D pays a benefit if you lose your life or are injured in an accident. These benefits are paid in addition to Life Insurance benefits.

Transocean provides you with Company-paid Basic AD&D coverage. You can supplement this coverage with additional Voluntary AD&D or Family AD&D coverage.


Basic AD&D Insurance

Transocean pays 100% of your Basic AD&D Insurance benefit. Your benefit is equal to two times your annual base salary, rounded up to the next $1,000, up to a maximum of $750,000.

The amount of your coverage reduces to 65% at age 65 and to 50% at age 70.

Voluntary AD&D Insurance

You can buy additional AD&D Insurance for you and your family. You can choose between one and five times your annual base salary.

Learn More 

Who is your beneficiary?

Make sure your loved ones are protected. Be sure to keep your beneficiary information up-to-date and accurate. You can do this as part of the online enrollment process.


Short-Term Disability (STD)

Short-Term Disability (STD)

Print this page

If you are unable to work due to a non-work-related illness or injury, Short-Term Disability (STD) replaces a portion of your base salary.

STD pays you 100% or 66 2/3% of your monthly base salary based on your years of service as of the date your disability begins.

Benefits begin after a five-day elimination period and may continue for up to 26 weeks. Transocean pays the full cost of STD benefits and you are automatically eligible as of your hire date or transfer date. For more details, click here .


Long-Term Disability (LTD)

Print this page

If you are unable to work for more than 26 weeks due to a non-work-related illness or injury, and you are approved by Cigna, you will receive up to 60% of your monthly base salary up to a maximum monthly benefit of $15,000 USD. LTD benefits continue for the length of your disability, but generally not beyond your 65th birthday. Your benefits can continue after age 65 if you go on LTD after age 60.


U.S. Savings Plan

Print this page

The Transocean U.S. Savings Plan, or 401(k) plan, helps you save for retirement.

You can contribute a percentage of your eligible compensation to your account through:

  • Pre-Tax Contributions – Save 1% to 50% on a pre-tax basis (up to the IRS-defined annual limit).
  • Roth After-Tax Contributions – Save 1% to 50% on an after-tax basis to a Roth 401(k) account (up to the IRS-defined annual limit).
  • Catch-Up Contributions – If you are at least age 50, you can save an additional 1% to 25% of your eligible base pay on a pre-tax and/or Roth after-tax basis (up to the IRS-defined annual limit).

Transocean Match

Transocean matches 200% on up to 5% of eligible compensation you contribute to the Savings Plan through both pre-tax and Roth contributions.



The money you put into your 401(k) is always yours to keep. And you will be automatically vested in your Transocean match. There is not a vesting period required. So, Transocean's contributions into your account belong to you immediately.

Savings Plan Loans

If you need to use your Savings Plan money before you retire, you can borrow up to 50% of your balance, up to a maximum of $50,000. Certain restrictions apply.

You repay your loan with after-tax, automatic payroll deductions. You can have one general-purpose loan and one home loan outstanding at any time. Contact Fidelity Investments at +1 800 835 5098 to explore your opportunities.

Savings Plan Enrollment

Taking advantage of the company match is a great way for you to save. If you don't take action, you will automatically be enrolled in the U.S. Savings Plan at 3%. Then, each year on your anniversary, your contribution percentage will automatically increase by 1% until you reach the maximum match. This way you’re sure to take full advantage of the matching funds.

Visit Netbenefits.com at any time to:

  • Change or stop your contributions to the Plan
  • Change your investment options
  • Designate a new beneficiary

Once you make your initial election or change your contribution, it will take 1 to 2 paychecks for your deductions to reflect on your paycheck, based on the payroll deadline.

How To Contact Fidelity

Contact Fidelity Investments at +1 800 835 5098 or visit Netbenefits.com to learn more about loans and explore your opportunities.





Contact list

Transocean Benefits Center

Within the U.S.:

1 855 RIG 5005

Outside the U.S.:

+1 646 259 0401

7 a.m. to 7 p.m. Central Standard Time


MSH International: Healthcare and Dental

Americas: +1 403 539 6136

Asia: +86 21 6187 0591

Europe: +33 (0)1 44 20 48 15

Middle East, Africa: +971 4 365 1302

International Employee Assistance Program

Find the contact information based on your country.

Flexible Spending Accounts: UnitedHealthcare

Within the U.S.:

1 800 331 0480


8 a.m. to 8 p.m. Central time M-F

Fidelity Investments: U.S. Savings Plan

+1 800 835 5098

Transocean Pension Center: U.S. Retirement Plan-Frozen in 2014

Within the U.S.:
+1 866 620 6911

Outside the U.S.:
+1 650 351 8215




Navigate to other sections of your guide.

Jump to other pages.

Mobile &
Tablet Users:

Downloading this Benefits Guide to your device is easy.

Click the "Share" icon in
your Safari browser.
Choose "Add to Home Screen"
from the pop-up window.
Open the Benefits Guide from
the new icon that appears.
Browse through the Guide as
the content is downloaded.
Once all images and pages have
loaded, you can view this Guide
with or without an Internet connection.