Each year, pension plans must provide an annual funding notice to all plan participants. Anyone requesting a copy of the annual report can obtain it by contacting AT&T at the number inside the document mailed to your home, or you can retrieve it online at: https://www.efast.dol.gov and typing in EIN#: 822449954. You can then download the entire filing in PDF format.

By “plan” we are referring to the AT&T Pension plan. If you are vested in the plan, you are entitled to a pension, and either you are presently collecting it, have already taken a lump-sum distribution, or will collect your pension in the future (when you reach the minimum eligibility age, or they offer a lump-sum buy out).

Schedule SB section 3 is pretty interesting. It summarizes the number of participants in the plan who are:

actively receiving benefits now

terminated, but entitled to receive benefits in the future

still employed and vested in the plan and therefore entitled to receive benefits in the future

This section (SB section 3) says it all…. expect the “terminated vested participants” line to continue growing, while the “active participants” line decreased.

The annual funding notice was mailed to all plan participants in the past 1-2 months. It is ALWAYS one year behind, so the most recent notice is for the plan year 1/1/2019 – 12/31/2019.

For your reading pleasure, you can download the full report here: