Gee, thanks a lot Stink. You take away a $700/month retiree subsidy and now provide active employees a $800 or $1600/year for ONLY 5 years HSA contribution!
Thank you, Stinky the Grinch!
You STINK!!!!
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This is not going to convince anyone to stay. They realize now they are losing the majority of the high potential managers that met MR75. Similar job openings at other companies pay significantly more than T. We are leaving. This won’t change minds.
So when you go to the link for: "The amount of the increased HSA match will be based on your years of service." you'll find out that the $800 is only for people with 21 or more years of service. It drops then to $200 and under 10 years is nothing.
So take someone who has 19 years of service who will meet the rule of 75 next year. They aren't eligible with these "Stinky rules" for EVER getting the medical benefit promised when they were hired. And retiring next year when they would have had FULL medical, now will have a whole $200 more.
So lets see, $200 probably won't even pay for a single month of medical.
Shove this benefit up where it belongs.
Stankey can take his elitist attitude and go do the physically impossible. I would not pull him out of a burning car. I would , however, be glad to absorb his net worth.
Their attitude is that your retired, used up, gone - why live up to agreement?
Don't try to cheat them but as far as corporate is concerned if it ain't in writing then lying is acceptable.
At least it’s something.
Quit your bellyaching.
Just get it over with, Show us all the door. Too many paid poopers here. I should know I just joined the paid poopers and now I am paid to po-p excellence.
I’m betting the monthly premiums for the AT&T plans (gold/silver/bronze) will go up significantly next year. The company doesn’t give away money without other strings or consequences attached.
Read the fine print: "new HSA match could be up to". No disrespect to you long timers, but this is nonsense. Whatever happened to the company can't handle multiple pension commitments? Now the HSA match has a selective class and base on years of service. Company has no issues working through complexity when paying employees less.
Yeah they are trying to throw a bone to tenured management employees. A bone. That is it. Probably because they are getting scared how many people may leave. F... AT&T HR and Stankey and Randall.
Subject: New! Incremental company match on Health Savings Account
New! Incremental company match on Health Savings Account
To: Select AT&T active managers recently impacted by retiree benefit changes and their supervisors
We know that saving for medical expenses in retirement is important to you. That’s why we’re now offering an increased company match to your Health Savings Account (HSA) contributions for the next five years. Your HSA can help cover expected and unexpected medical costs.
There’s no action to take now, but we wanted to provide advance notice of this new benefit that will be available during Annual Enrollment in October.
We’ll share more details when it’s time to enroll. For now, here are the highlights:
- Increased company match: The amount of the increased HSA match will be based on your years of service. It’s available when you choose a high-deductible health plan and contribute to your HSA through payroll deductions. This new company match is in addition to the current match on your HSA contributions if you elect the Bronze or Silver medical plan options. Based on your years of service, this new HSA match could be up to an additional:
- $800 annually (for a total company match of $1,800 per year) if you enroll in employee-only coverage.
- $1,600 annually (for a total company match of $3,600 per year) if you enroll in employee and spouse or partner, employee and child or children, or family coverage.
Also, you can refer to this chart to view contribution levels for the new HSA match.
- New HSA match for the next 5 years: To take advantage of this new match for the next 5 years (starting in 2022), you need to:
- Remain an active employee.
- Enroll in a company-insured, high-deductible health plan like the Bronze, Silver or Gold AT&T Medical Plans we currently offer.
- Contribute to your HSA through payroll deductions.
Before annual enrollment, we recommend you speak to your financial advisor regarding the savings, taxation and retirement impacts of this opportunity. For complete details, see our Frequently Asked Questions regarding this change.
F * C K you for all you do for the company.
Love - Ratbert from HR
________________________________________
Note: As a reminder, AT&T reserves the right to amend and modify benefit plans at any time. The enhanced Company HSA contribution opportunity is conditioned on availability under applicable law and satisfying nondiscrimination requirements under tax laws and regulations.
Additional resources:
• If you need help refining or creating a retirement plan, take advantage of the Fidelity retirement planning tools and Financial Engines. You can also use this retirement guide to help you prepare for retirement, when the time comes.
• For health coverage questions, call the AT&T Benefits Center at
• For pension benefit questions, call Fidelity at
• You can also review the Where To Go Guide for contact information of all AT&T benefits providers.
Can you elaborate on this or past the email in? Not understanding what your saying
Another "put less in the box and charge more". This is a real shell game.
HR doesn't do anything in favor of the employee. They just spin the announcement to make it sound that way. When the full details come out later, I expect we'll find that the deductibles have also gone up so the increase in HSA subsidy will be less than the deductible increase.
What are you talking about??
It’s stinks way of screwing those retirees who thought they were getting free healthcare for staying all those years. Yes free but with huge deductible
More reason everyone should insist with their US representatives the need for universal healthcare in America. Especially retired, they should have no cost total healthcare.
"Where did this come from? "
This was a "targeted" email from our HR Ratberts.
Stankey and Santones process for aligning T benefits with competition! This came out of nowhere.
Active employees recd an email with this new "perk". Guess it's better than nothing but nowhere near comparable to what was taken away and frankly I wonder what additional shoes drop after this. Sad that the trust factor is soooo broken
So foolish. So cheap. Perhaps they think too many are leaving? Oh well - I'm counting down and can't wait to have T in my rear view mirror. Good luck to those who stay and enjoy your extra HSA contributions!
Where did this come from?