Just got an email that the retirement plan has been updated, but they dont point out what changed. Anyone know what the difference is?
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Yep, Checked SPD/SMM highlights for company match changes and very evasive and no concrete details. Supplemental reimbursement is now gone .
there are 4 bullet points under "What:" that list some of the changes
including a change in company match for certain groups
Yes, you are now worth less because so many workers are trying to milk the company due to a minor virus.
Probably that due to markets it’s now a 201k
Just guessing but I bet they lowered or eliminated 401k company match for management employees to save cash - cannot do that to bargained for per contract. Just another example of very very poor decision making regarding TW acquisition and the assumption of massive debt.
Says company matching contribution were changed for certain employees - but silent of which one(s)! I searched the SPD and could find nothing. No change highlights. Ratty is up to something.
Yes, you are now worth less because of the cratering of AT&T share price.