Does anyone know if DXC will pay the 401(K) match at the time of the split off for the New Co folks? How will that be handled?
4 replies (most recent on top)
According to my management, for the US employees that are tied to the Healthcare accounts being sold to Veritas, your DXC benefits would apply through the end of the 2020 calendar year (e.g., medical, dental, etc.). To my knowledge, nothing has been released yet about 2021 benefits; this may not yet be settled. US enrollment for 2021 benefits would normally occur during Fall 2020. So, it may be awhile before we know that.
Regarding the initial question, I recall that HPE did post their portion of the employee 401k match at the time of the HPES/CSC merge. I don’t actually know what DXC will do, but perhaps HPE’s action is indicative.
@OP+15wKdGpk
Don't you just love the fact that we will be a new company in only a few months and we have not been told ANYTHING? We know nothing about holidays, raises (which won't happen anyway), PTO, vacation time, insurance....NOTHING!
I am willing to bet there will be no 401K match at all. Most of the people I know, when we had the chance, just took the money and rolled it over into our own CDs or other retirement funds. No way in hell were we going to allow DXC to continue to control out money!
We are talking to Ben Carson about this and will update you.