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Ad Hoc Pension Increase
Please see below information we received from AT&T regarding the Ad Hoc Pension Increase
In Unity,
Ralph V. Maly, Jr.
Vice President
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Attached is a copy of the information on the pension increase that is being sent to all legacy SBC, AT&T and BellSouth employees who retired prior to 1996 and who are currently receiving monthly pension payments of $1,200 or less. This information was being mailed today, August
27th.
Lori J. Smith
Executive Director
Labor Relations
Labor Notification – Pension Ad Hoc update |
Created:
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Issue |
The AT&T Board of Directors approved a pension increase effective for October 2007 pension checks. This increase will benefit more than 88,000 former legacy SBC, AT&T and BellSouth employees who retired prior to 1996 and who are currently receiving monthly pension payments of $1,200 or less. | |
Cause |
N/A | |
Resolution |
N/A | |
Additional Information |
The attached letter and Summary of Material Modifications (SMM) is being mailed to those retirees or their survivors who will be receiving an increase. | |
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Affected Group(s) |
All legacy SBC, AT&T and BellSouth employees who retired prior to 1996 and who are currently receiving monthly pension payments of $1,200 or less. | |
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Letter Sent/Attached? |
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Date Mailed? |
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