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For EDS Alumni (Electronic Data Systems Corporation)...

US EDS alumni should call Fidelity to:
1. Check for a stray EDS pension account... and
2. See if there is an open lump-sum payout offer on that account -- which you may want to take.

Many report that they received a flyer in the mail. However, Fidelity's old EDS records may not have your current postal address -- and members report that the flyer looks like junk mail and is easily discarded.

The offer applies if the "lump-sum present value of your accrued benefit as of Aug 1, 2016" is between $5K to $100K.

Deadline is July 22, 2016 -- but there is paperwork and possible notarization required.

Details: http://www.hpalumni.org/PensionLumpSum2016

When this issue came up last year, several folks found forgotten EDS pension accounts.

 

Select the links below that fit your situation...

- Current HP employee: Networking and Information for Current Employees. Join EDS Alumni group on LinkedIn.

- HP employee in the process of leaving: ASAP checklist. Join EDS Alumni group on LinkedIn.

- Former EDS employee who never worked for HP: Join EDS Alumni and HP Connections groups on LinkedIn.

- Recruiter wishing to post jobs: Post jobs

 

LinkedIn: Two reasons EDS alumni should check the logos displayed on their LinkedIn profile for past positions:
1. You may have selected "EDS" as a past employer and wound up displaying the red-chevron logo of Egyptian Document Storage... or the cerise triangle logo of a computer-aided design company in India.
2. As part of the split, HP changed the personal profiles of many former and current employees to display the HPE logo for past positions. You may wish to display the EDS logo for early positions on your profile instead.

How to fix the logos on your profile

 

EDS news:

- $14M from Perot. "Don't name it after me." Dallas D Magazine article.

- All EDS alumni should check for a stray EDS pension account if they haven't already done so. HP Retirement Services Center: (Manages any pension accounts that HP's predecessor companies may have had.) 1-800-457-4015, M-F 7:30 AM to 11:00 PM Central Time. (Operated by Fidelity Investments.)
 

Other links:

- Employment Verification for former HP and EDS employees.

- Networking Directory of HP- and EDS-related networks and groups worldwide.

- HP's official site for retirees and former employees.

 

EDS culture:

- "A Unique One-Time Opportunity: The Story of How EDS Created Outsourcing" by Eric O'Keefe; Copyright Morton H. Meyerson. More than 50 EDSers share the story of the one-of-a-kind corporate culture. CreateSpace Independent Publishing Platform (October 2012) ASIN: 1478273321

- "Liberation Management" by Tom Peters. Chapter: "World's Largest Project Organization in the World's Zaniest Industry." Knopf (1992) ASIN: 0394559991   ASIN: 0449456781

 

EDS personalities:

- "My Life & The Principles for Success" by Ross Perot. Summit (September 1996) ISBN-10: 1565302370 

- "Perot: An Unauthorized Biography" by Todd Mason. McGraw-Hill (April 1990) ISBN-10: 1556232365

- "Irreconcilable Differences: Ross Perot Versus General Motors" by Doron P. Levin. Little Brown (March 1989) ISBN-10: 0316522112   ISBN-10: 0452263867

- "On Wings of Eagles" by Ken Follett. Semi-fictionalized account of effort to rescue two EDS executives imprisoned in Iran. Morrow (September 1983) ISBN-10: 0688023711   ISBN-10: 0451213092   ISBN-10: 0451163532

 

The Hewlett-Packard Alumni Association is operated by former employees who volunteer their time. It is not endorsed or supported by HP. More about the HPAA

 

 

 

 

Ross Perot

"Eagles don't flock, you have to find them one at a time."

Ross Perot

 

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