Thread regarding AT&T layoffs

If your hiring date was 1998 or earlier, you get more of a pension. That was when the CWA sold out the craft work force.

Speaking as someone who was surplussed in 2023 and also MR75 retirement eligible, you ARE eligible to receive your current vision, dental and any ancillary benefits you may have such as CarePlus. In my situation, the monthly cost is very reasonable @ $37.02.

You are also provided a small life insurance policy thru MetLife at no charge to you which also provides you the ability to call into MetLife and request a discussion with Barnum and Associates for free - financial advisors who will provide you a retirement plan, etc. You are under no obligation to go with their recommendations, but it does provide a great look into the future with your 401K, pension, Social Security, etc. and as others have stated, discounts on services. The main thing you do NOT receive is subsidized medical benefits. (You can also call into Fidelity for advice as well)

You will not get health insurance in retirement from ATT. You’ll need another job with insurance for the next 5 years.

You are 60? Have you heard of this thing called the internet?

Go into the Fidelity Benefits site and run your pension calculations in the simulator with current dates. I guarantee that after 25 years, you have more than a little pension accumulated. Without knowing your situation, it may be a good time for you to consider leaving and getting on with your life. I agree with the others whom stated you need to discuss retirement with a financial planner. Good luck to you.

You need a financial planner. Meet with several before making a choice. They will help you understand your circumstances with regards to your pension and 401k.

Sounds like someone that’s been with the company long enough knowing how one can get sc--wed! After reading several other post, it seems like when someone calls in to HR, you never know who’s managing things for sure! I am sure they are tryn to seek out and gain correct information before they tell them to shove it! Congrats to them! Lookn after there future!!

If your in the union you never would leave because you’re protected till death no matter how sorry your efforts are. Most the over 40 years seniority will show you their membership card and red tents they wear.

You haven’t left already?

Bless your heart!

Rule of 75 really doesn't get you anything other than some meager discounts. Starting at 59, you can withdraw from your 401k without penalty, so you can do that now.

ROLL YOUR PENSION OVER to an IRA.

I would strongly recommend talking to a financial adviser - after getting canned, I moved my AT&T 401k to an adviser & it's worked out very well. Find a fiduciary, typical fees are 1% of your account per year.

So you are a grown up 60 yrs ols with 25 yr with T and you are here asking when you can retire? You found the link to this forum on HR OneStop?

You at the rule of 85. Time to leave, boomer.

Better than an IQ of 85, like you.

Right now. You’re 60. Get outta here and enjoy life.

Congratulations!

Congratulations, as been said, contact Fidelity. Everyone’s situation is different depending what company they worked for prior to AT&T and if you are management.

You at the rule of 85. Time to leave, boomer.

Sounds like you could start tomorrow if you want to. I’d suggest calling Fidelity and speaking to someone over there and speak with HR about putting in for retirement. Congrats, you’ve earned it.

I had a management BellSouth Mobility pension and rolled it over to a Fidelity IRA account shortly after retirement. Fidelity can walk you through the process. I could have started taking the pension at that point but I felt better having full control over the pension dollars as a lump sum rollover vs monthly payments. The pension funds are your on day 1 after you retire…Fidelity will show you all the options available to you.