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For DEC Alumni (Digital Equipment Corporation)...  (Updated Nov 20, 2020.)

Comments about this page to: info@hpalumni.org 

For DEC retirees...

Compaq was the legal successor to DEC. HPInc, in turn, is the legal successor to Compaq -- and has responsibility for any commitments. This includes any retiree health coverage, pension, 401(k), etc. plans. (Does not depend on whether the employee's last business unit ended up in HPInc or Hewlett Packard Enterprise in the HP Breakup.)

A lump-sum pension buyout offer was made to some who have legacy DEC and EDS pension plans. Deadline was July 15, 2020; extended to July 22, 2020. Details: 2020 Pension Lump-Sum Offer

If you received a "Potential Private Retirement Benefit Information" notice from Social Security, it is usually based on outdated information about a retirement plan or an employee stock fund. Note the "Year Reported" date on the form included in the body of the notice. Here's how to decode it: https://www.hpalumni.org/PotentialBenefitLetter


Key: HPInc is the legal successor to DEC, Tandem, and Compaq. Responsibility was not transferred to successor companies such as Hewlett Packard Enterprise or DXC. HPInc has responsibility for any commitments to former Compaq employees. (Does not depend on whether the employee's last business unit ended up in HPInc or Hewlett Packard Enterprise in the HP Breakup.)  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 from the company -- in case of class-action settlements, pension, or stock issues. Update address at former company


LinkedIn. How to get your LinkedIn profile to show the correct company for each position. LinkedIn Tips & Traps - Positions


Pension and 401(k) accounts. 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 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

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Plan details in this HP document, which may be out of date: 2008 HP CAP Summary Plan Description  How to decode an SPD.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

Digital 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

HPInc Benefits Center: The "cosmic glue" for all U.S. HPInc benefits issues.
(Operated for HPInc by Alight Solutions -- formerly Aon Hewitt. Also manages retiree health coverage for many HPE retirees and any retiree health plans from predecessors such as DEC.)
1-800-890-3100 -- 8:00 a.m. to 8:00 p.m. Central Time, Monday - Friday
1-847-883-0465 -- Outside the United States, Puerto Rico, or Canada
Ask for a "Retirement Specialist" -- otherwise, you may get an agent who is primarily trained on current-employee issues.
If the first-level Benefits Center phone agent can't resolve your issue, ask them to escalate your call. Use the magic word "escalate." We get very good reports from members who have escalated within the Benefits Center.

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 Verification: https://www.hpalumni.org/verif. Experience Letter: https://www.hpalumni.org/verif-letter

Employee stock. HPAA stock decoder tables for employee stock in major predecessor companies:  Compaq   DEC    Tandem


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

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

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.

LinkedIn: How to get your LinkedIn profile to show the correct company for each position. LinkedIn Tips & Traps - Positions

Networking Directory of HP- and DEC-related networks and groups worldwide

Contacts for former HP, HPInc, and HPE employees (And DEC retirees.)

HPAA and alumni have developed a DEC Stock Decoder Table that covers events through 04/30/2019.  

Compaq acquisition of DEC: For each share of DEC owned on June 11, 1998, DEC shareholders received $30.00 in cash and .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

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. Helping each other with life after HP. No charge, thanks to HPAA members.


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