Anyone have details about Pepsi freezing pensions at the end of 2025 ?
5 replies (most recent on top)
Hourly or salary pension freeze?
This is old information. Many communications were sent on this.Contributions stop in December to pensions.
January your pensions will continue to grow however it is invested.
You will begin getting a deposit into an arc account.. I believe matching to 401 will be like everyone else too
This was announced in early 2024. Hence why many are retiring in December. Are you just catching wind to this news?
Yes. If you are pension eligible PEP will no longer contribute to it after Dec 2025. I’m guessing you will just get the ARC from that point forward. This intention was communicated years ago. Net, it won’t get any bigger after 2025 through corporate contributions but you will still receive your pension benefit when you retire and decide to annuitize it.
Salaried employees only ?