PENSION AND SAVINGS BENEFIT PLANS. A. Current Employees, 2009 New Hires, 2012 New Hires and 2015 New Hires shall be eligible to participate in the benefit plans, programs and policies identified in the chart below by an “x”, with the plan terms, conditions and provisions which were in effect on April 11, 2015, as described in the applicable SPDs and SMMs, except as noted herein. Plan/Program/Policy Current Employees 2009 New Hires, 2012 New Hires, 2015 New Hires AT&T Retirement Savings Plan x x AT&T Legacy Bargained Program (ALB) of the AT&T Pension Benefit Plan x Bargained Cash Balance Program #2 of the AT&T Pension Benefit Plan x
PENSION AND SAVINGS BENEFIT PLANS. A. Current Employees, 2009 New Hires, 2012 New Hires and 2015 New Hires shall be eligible to participate in the benefit plans, programs and policies identified in the chart below by an “x”, with the plan terms, conditions and provisions which were in effect on April 14, 2018, as described in the applicable SPDs and SMMs, except as noted herein. Plan/Program/Policy Current Employees 2009 New Hires, 2012 New Hires & 2015 New Hires AT&T Puerto Rico Retirement Savings Plan (ARSP-PR) x x AT&T Legacy Bargained Program of the AT&T Puerto Rico Pension Benefit Plan (ALB-PR) x
PENSION AND SAVINGS BENEFIT PLANS. A. NIC Tier 2 Current Employees and NIC Tier 2 Pre-2011 Current Employees NIC Tier 2 Current Employees and NIC Tier 2 Pre-2011 Current Employees shall continue to participate in the following pension and savings benefit plans, programs, and policies on the same terms and conditions which were in effect on July 23, 2016. AT&T Retirement Savings Plan Bargained Cash Balance Program of the AT&T Pension Benefit Plan
B. NIC Tier 2 New Hires and NIC Tier 1 Employees NIC Tier 2 New Hires and NIC Tier 1 Employees shall participate in the following pension and savings benefit plans, programs, and policies on the same terms and conditions that were in effect on July 23, 2016. AT&T Retirement Savings Plan Bargained Cash Balance Program #2 of the AT&T Pension Benefit Plan
PENSION AND SAVINGS BENEFIT PLANS. A. Current Employees excluding those working in Appendix J Except as provided below, Current Employees, but excluding those working in Appendix J (but not excluding Surplus Appendix J Current Employees as defined in Section 3.B.), shall continue to participate in the following pension and savings benefit plans, programs, and policies on the same terms and conditions that were in effect on April 8, 2017. AT&T Savings and Security Plan (the ASSP)
i. Effective January 1, 2018, Current Employees who participate in the ASSP will be eligible for the maximum Basic Contributions described below. Weekly Compensation Maximum Amount of Weekly Basic Contribution Southwest Program of the AT&T Pension Benefit Plan (the “Southwest Program”)
i. Current Employees that continue to participate in the Southwest Program will be eligible for the following pension band increase:
PENSION AND SAVINGS BENEFIT PLANS. A. Current Employees excluding those working in Appendix J Effective upon ratification and except as provided below, Current Employees, but excluding those working in Appendix J (but not excluding Surplus Appendix J Current Employees as defined in Section 3.B.), shall continue to participate in the following pension and savings benefit plans, programs, and policies on the same terms and conditions that were in effect on April 6, 2013. • AT&T Savings and Security Plan Effective January 1, 2014, the AT&T Savings and Security Plan shall be amended to reflect revisions that accommodate and incorporate new weekly compensation bands which are used to determine the maximum amount of weekly basic contribution. The new bands and revisions are as follows: $1,300 - $1,399 $1,400 - $1,499 $1,500 & Over $70 $75 $80 • Southwest Program of the AT&T Pension Benefit Plan (the “Southwest Program”) Current Employees who continue to participate in the Southwest Program will be eligible for the following pension band increases:
PENSION AND SAVINGS BENEFIT PLANS. Current Employees excluding those working in Appendix J Except as provided below, Current Employees, but excluding those working in Appendix J (but not excluding Surplus Appendix J Current Employees as defined in Section 3.B.), shall continue to participate in the following pension and savings benefit plans, programs, and policies on the same terms and conditions that were in effect on April 10, 2021. AT&T Savings and Security Plan (the ASSP)
PENSION AND SAVINGS BENEFIT PLANS. Employees shall be eligible to participate in the benefit plans, programs and policies identified below with the plan terms, conditions and provisions which were in effect on December 31, 2016, as described in the applicable SPDs and SMMs, except as noted herein. • AT&T Retirement Savings Plan Effective January 1, 2017, Employees will no longer be eligible to participate in the DIRECTV 401(k) Savings Plan, and Employees shall be eligible for the AT&T Retirement Savings Plan (ARSP) under the terms and conditions in effect as of December 31, 2016. Employees shall receive a Company Match equal to 80 percent of their Basic Contributions. Basic Contributions can equal up to 6 percent of Compensation as defined in the plan. The Company Match under ARSP will be made in AT&T Shares. Employee balances in the DIRECTV 401(k) Savings Plan will be transferred to an account for the Employee in the ARSP as soon as administratively feasible after the plan merger. • Bargained Cash Balance Program #2 (“BCB#2 Program”) Effective January 1, 2017, Employees will not be credited with additional compensation or service under the DIRECTV Pension Plan and its applicable benefit formulas. Interest credits, where applicable, will continue to accrue. Effective January 1, 2017, Employees shall be eligible to participate in the BCB#2 Program. Employees will receive Basic Benefit Credits as determined by the following: Less than 30 1.77% 30-36 2.27% 37-43 2.78% 44-49 3.28% 50 and older 4.04% Employees shall also receive Interest Credits at an annual rate of 4.5%, and Supplemental Pay Credits, 2% of Pension Compensation, in excess of the Social Security Wage Base, if applicable. Effective January 1, 2017, Employees’ Term of Employment (also known as Net Credited Service) shall be established as the Workday Continuous Service Date, and future adjustments shall be determined under the terms of the AT&T Pension Benefit Plan. Effective Date(s) Health & Welfare Plans, Programs and Policies: 1/1/2017 Programs Applicable programs: Medical – AT&T Midwest Medical Program, with current provisions except as provided below. CarePlus – AT&T CarePlus – A Supplemental Benefit Program. Dental – AT&T Dental Program (Bargained); with current provisions except as provided below. Vision – AT&T Vision Program Bargained); with current provisions except as provided below. Disability – AT&T Disability Income Program; management provisions as they change from time to time except as provided below. Life Insurance...
PENSION AND SAVINGS BENEFIT PLANS. DTV Employees shall be eligible to participate in the benefit plans on the same terms, conditions and provisions in effect as of the effective date of this MOA as provided to similarly situated DIRECTV non-bargained employees, as described in the applicable SPDs and SMMs, except as noted herein. AT&T Retirement Savings Plan DIRECTV Program of the AT&T Pension Benefit Plan Effective June 1, 2017, DTV Employees’ DIRECTV Program benefit will not be credited with additional compensation or service. However, Interest Credits, where applicable, will continue to apply. Employees who are not DTV Employees will be eligible to participate in the benefits plans and programs as provided to non-bargained employees. Effective June 1, 2017, Employees shall be eligible to participate in the following benefits plans as defined in Article 19 of the 2015 AT&T Corp. bargaining Agreement for 2009 New Hires, 2012 New Hires, and 2015 New Hires. AT&T Retirement Savings Plan Bargained Cash Balance Program #2 of the AT&T Pension Benefit Plan
PENSION AND SAVINGS BENEFIT PLANS. A. Employees shall be eligible to participate in the benefit plans, programs and policies, with the plan terms, conditions and provisions which were in effect on April 6, 2024, as described in the applicable SPDs and SMMs, except as noted herein.
B. Employees shall continue to participate in the following pension and savings benefit plans, programs, and policies on the same terms and conditions which were in effect on April 6, 2024. • Bargained Cash Balance Program #2 of the DIRECTV Bargained Pension Plan (the “BCB#2 Program”) • DIRECTV Retirement Savings Plan ActiveEmployees Effective Date(s) Health & Welfare: 1/1/2025 unless noted otherwise. For Medical, Dental, Vision, Disability, and Life Insurance (unless otherwise specified) Employees: Applicable programs: Medical – DIRECTV West Medical Program Dental – DIRECTV Dental Program (Bargained Employees) Vision – DIRECTV Vision Program (Bargained Employees) Disability – DIRECTV Disability Income Program. Life Insurance - DIRECTV Group Life Insurance Program for Active Employees* *includes Supplemental Life and Dependent Life provisions.
PENSION AND SAVINGS BENEFIT PLANS. Employees shall be eligible to participate in the benefit plans, programs and policies, with the plan terms, conditions and provisions which were in effect on the Ratification Date, as described in the applicable SPDs and SMMs, except as noted herein.
