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AT&T, Inc. Message Board

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  • zbgb952 zbgb952 Nov 27, 2012 2:33 AM Flag

    Pensions

    " pensions were converted to cash-balance accounts. "

    That was why I left AT&T after more than 20 years service. BECAUSE THEY SCREWED
    LONG TERM EMPLOYEES WITH THAT CASH BALANCE GARBAGE. At the time, I read that the ceo was given a 2ndary pension to make up the difference ...but the emps got shafted.

    I decided to roll my pension into an IRA but have to 'retire' out to do it...which i did.

 
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