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For DEC Alumni (Digital Equipment Corporation)...  (Updated Apr 8, 2021.) )

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If you received a "Potential Private Retirement Benefit Information" notice from Social Security, it is based on years-old information, as indicated by the "Year Reported" box. The key word is "potential." Here's how to decode it -- and who to contact if you are not sure what happened with that account.

HP Breakup. On Nov 1, 2015, the Hewlett-Packard Company was renamed HP Inc. and a new, independent company -- Hewlett Packard Enterprise (no hyphen; singular; green-rectangle logo) -- was spun out. Portions of HPE were later spun out into DXC and Micro Focus, which have spun out other companies. Details: HP Breakup 

HPInc is the legal successor to the companies acquired by the Hewlett-Packard Company before the company was split into HPInc and Hewlett Packard Enterprise (HPE.) Responsibility for any commitments to former employees of Autonomy, Compaq, Digital, EDS, Tandem, etc. remain with HPInc -- regardless of whether the employee's last business unit ended up in HPInc or HPE. This includes employment verification and any retiree health coverage, pension, 401(k), etc. plans. HPE is responsible for any commitments to former employees of companies acquired by HPE, such as Cray, Nimble, etc. (About the HP Breakup)

Which HP-related companies am I a retiree or former employee of? (Not always obvious.) Given HP's complex history of acquisitions, divestitures, and spinoffs, the company or companies that you are legally a former employee of may not be obvious. If any doubt, check here: Which Company

HP contacts

Make sure that HPInc has your current postal address. Even if not classified by the company as a "Retiree" or if long gone -- in case of class-action settlements or other issues. Update address at former company

Pension:

- If you were employed by DEC prior to March 1, 1996: You may have a benefit under the HP Cash Account Pension Plan. Plan details in this HP document, which may be out of date: 2008 HP CAP Summary Plan Description  How to decode an SPD. (For example, many of the postal contact addresses given in SPDs are extinct.)  Decoding SPDs

- The HPInc Retirement Service Center manages pension and 401(k) accounts for HPInc (formerly named Hewlett-Packard Company.) Also manages any pension or 401(k) accounts that Hewlett-Packard predecessor companies (such as Compaq, Digital, and EDS) may have had. Operated by Fidelity Investments.
1-800-457-4015, M-F 7:30 AM to 11:00 PM Central Time. Outside the U.S., call 1-508-787-9902 collect. Website: https://nb.fidelity.com/public/nb/hp/home

Retiree Health Program:

- HP's official table to determine if you are qualified for health coverage. Pre-2003, Post-2002, and Digital Retiree Health Programs

- Annual Benefits Enrollment. Details and advice from members: https://www.hpalumni.org/Annual

- Join the HPAA Benefits Forum. Discuss U.S. HP/HPInc/HPE COBRA and retiree health benefits, including Annual Enrollment and transition to Medicare.

Time to untangle your stock!

- No one but you really cares about your employment-related stock. You may have stock in up to seven HP-related companies (HPQ, HPE, A, KEYS, DXC, MFGP, PRSP.) Your stock may not all be in the same place. You may need to retrieve lost stock or dividends, find stray accounts, or estimate your cost basis. An HPAlumniteam has developed a step-by-step process to find and protect your stock. Employee Stock  

- Stock Decoder tables for: Compaq   DEC    Tandem

Employment verification and experience letters for Hewlett-Packard, HPInc, Hewlett Packard Enterprise, predecessor companies, and successor companies. How to provide current and past employment status and salary to potential employers, financial institutions, and government aid agencies. Employment and Salary Verification   Experience Letter

For those in the workforce, select the links below that fit your situation...

- Current HPInc or HPE employee: Networking and Information. Join DEC professional networking groups

- HPInc or HPE employee in the process of leaving or being laid off: ASAP checklist.

- Former DEC employee who never worked for HP: Join the independent DEC Connection and perhaps other DEC alumni social groups. Plus join the HP Connections group on LinkedIn.

Check your LinkedIn profile! You may be surprised. LinkedIn has changed how employers are identified -- dropping employers and modifying profiles without notice. In addition, HP positions were changed to HPE. You want recruiters to believe your profile -- and former co-workers to find you. Step-by-step instructions:  https://www.hpalumni.org/LinkedInPositions


Compaq acquisition of DEC: For each share of DEC owned on June 11, 1998, DEC shareholders received $30.00 in cash and 0.945 shares of Compaq stock. Source: SEC 8K filing  "Compaq Computer Corp., seeking to expand into the lucrative enterprise computing business, agreed Monday to acquire Digital Equipment Corp. in a blockbuster deal worth $9.6 billion. ... $57.41 a share in cash and stock, well above Friday's closing price of $45.44." Source: CNN Money  Article


DEC history and culture

Join the independent DEC Connection and perhaps other DEC alumni social groups.

Original DEC Business Plan: The DEC Connection has a copy of the 1957 document: Ken Olson's Business Plan

Urban Legend:

Did Ken Olsen say there was "no reason for any individual to have a computer in his home"'?
"Legend. The out-of-context misinterpretation of Olsen's comments has been promulgated for decades. What Olsen was addressing in 1977 was the concept of powerful computers that controlled every aspect of home life. The fear that computers might even try to take charge altogether was widely experienced." --Snopes, the urban legend and misinformation reference site  snopes.com article

Videos and articles:
- Gordon Bell's "CyberMuseum for Digital Equipment Corp Documents, Photo Albums, Talks, and Videotapes"
- Website of Gordon College:
http://www.gordon.edu/kenolsen

Where to sell or donate DEC equipment and memorabilia:

http://www.decconnection.org/DECdonations.htm

Articles:

- "Lessons from Ken Olsen and Digital Equipment Corp." MIT Sloan Management Review. "How many current Fortune 500 executives will be remembered fondly by their former employees?"
MIT Sloan Management Review

- "Ken Olsen: Faith, Work, And Charity Support A Computing Career" Doris Kilban, Electronic Design
Electronic Design article

- "Computer pioneer Ken Olsen dies" Boston Globe
Boston Globe article

- "Ken Olsen, Who Built DEC Into a Power, Dies at 84" New York Times
New York Times article

- "Ken Olsen Founder Digital Equipment Corp Passes Away" Silicon Angle
Silicon Angle article

Books:

- "DEC Is Dead, Long Live DEC: The Lasting Legacy of Digital Equipment Corporation" Edgar H. Schein et al
Amazon (Look inside the book at Amazon)

- "Digital at Work: Snapshots of the First Thirty-Five Years" Jamie Parker Pearson, ed.
Amazon    Amazon

- "The Ultimate Entrepreneur: The Story of Ken Olsen and Digital Equipment Corporation" Glenn Rifkin and George Harrar
Amazon

The Hewlett-Packard Alumni Association is operated by former employees who volunteer their time. Not officially endorsed or supported by any company. More about the HPAA

Ken Olsen 1988

Ken Olsen, 1988


For more mutual help on this topic and many others, join the independent HP Alumni Association. If you were formerly a regular, direct employee of HP, HPInc, or HPE -- or are in the process of leaving -- join the HP Alumni Association. No charge, thanks to HPAA members.


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