10440 Little Patuxent Pkwy Suite 570 Columbia, MD 21044
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What does this mean for its former and current employees?
As interest rates go up, lump sum pension payments go down. These higher rates allow AT&T to
reduce its pension payouts for future retirees by up to 30%, according to an AT&T employee
memo. Future AT&T retirees may have less capital to meet their retirement goals. Please talk
with a financial advisor to see how you can mitigate its effect on your financial future.
"Retiring just a few days apart can make a $300,000 difference."
before the reductions in pension benefits. Typical plan participants who retire with 30 years of
employment can lose upwards of hundreds of thousands in their payout. Retiring just a few days
apart can make a $300,000 difference.
Retirement-aged AT&T pension participants can get individual advice to navigate this pension
benefit decrease by working with an advisor. If dealt with in time, past and current AT&T
employees can avoid this pension benefit decrease.
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