|
Site Map Contacts Benefits Medicare Stock Pension Finance Working Leaving HP/HPE Companies Join HPAA |
|
|
|
||
|
How to investigate a retirement benefit plan. HPAA member advice on looking into a possible lost retirement benefit -- including investigating a Social Security Administration "Potential Private Retirement Benefit" letter. (Updated Dec 13, 2021.) Website operated by volunteers of Hewlett-Packard and Hewlett-Packard Enterprise. Comments: info@hpalumni.org (Be sure you have used the previous page: Decoding a "Potential Benefit" Letter )
Here are the steps to follow... 1. Check for lost property. For example, one member found an HP-related check that had been mailed to a misspelled street address with an incorrect zip code. Every few years, it is a good idea run an "unclaimed property" search. Companies -- including financial institutions -- are required to turn over unclaimed property to the state after a specific time period, which varies from state to state, as little as two years in some states. Easy to do: https://www.hpalumni.org/Unclaimed 2. Determine which company is currently responsible for the benefit. HP Breakup. On Nov 1, 2015, the legal name of the Hewlett-Packard Company was changed to HP Inc. and a new, completely separate 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 separate companies. Details: HP Breakup HP Inc. is the legal successor to the companies acquired by Hewlett-Packard before the company was split into HP Inc. and Hewlett Packard Enterprise. Responsibility for commitments to former employees of Compaq, EDS, etc. remain with HP Inc. -- regardless of whether their last business unit ended up in HP or HPE. Includes employment verification and any retiree health, pension, etc. plans. If the currently responsible company isn't clear. Given HP's history of acquisitions and spinoffs, this may not be obvious. If any doubt, check here: Which Company Advice if you worked for certain predecessor companies: - Compaq. If employed by Compaq prior to May 3, 2005. Plan details and other member advice. Compaq - DEC. If employed by DEC prior to Mar 1, 1996, you may have a benefit under the HP Cash Account Pension Plan. Plan details and other member advice. DEC - EDS. If employed by EDS or "EDS, an HP Company" prior to Jan 1, 2009 you may have an EDS pension that you have forgotten about. Plan details and other member advice. EDS - Tandem. If employed by Tandem prior to Aug 29, 1997. Member advice. Tandem 3. Contact the current administrator for the plan in question. a. If you have an existing retirement, 401(k), or personal brokerage account at Fidelity, go to http://netbenefits.com and use your existing username and password. Otherwise, call Fidelity 1-800-457-4015 (Outside US 1-508-787-9902 collect.) Fidelity (Don't go to a local Fidelity office.) Member advice b. Primary retirement plan contacts:
The HP Retirement Service Center is the primary
administrator for HP U.S. pension and 401(k) accounts,
including any accounts that HP predecessor companies (such
as Compaq, DEC, and EDS) may have had. Operated by Fidelity
Investments. The HPE Retirement Service Center is the primary administrator for Hewlett Packard Enterprise U.S. pension and 401(k) accounts, including any accounts for employees of companies that HPE acquired since the Nov 1, 2015 HPE spinoff (such as Cray and Nimble.) Operated by Fidelity Investments. 1-800-409-4015 (Outside US 1-508-787-9902 collect.) Fidelity (Don't go to a local Fidelity office.) c. HSA (Health Savings Account): Contact the appropriate Benefits Center: https://www.hpalumni.org/contacts d. Deferred compensation: In addition to using the contact points above, also run an "unclaimed property" search. https://www.hpalumni.org/Unclaimed e. Stock: Depending on when and how you acquired HP or HPE stock, you may now have stock in up to six completely separate HP-related companies in various accounts -- or have missed cash payouts. An HP Alumni team has developed a process to determine what stock you should have and how to find it. https://www.hpalumni.org/stock
f. Surviving spouse provisions -- and
other
details on the terms of the various HP and HPE plans -- go to:
HP
and HPE Retirement Plans
Legacy HP Retirement Plans 4. If the current administrator cannot help, contact the appropriate Corporate Headquarters. The "Plan Administrator" mailing address on a Social Security notice or a plan document is often no longer valid.
Current corporate headquarters
locations for HP and HPE -- phone and postal addresses:
https://www.hpalumni.org/contacts 5. You can look up pensions in the two U.S. government pension plan databases.
U.S. Government Pension Benefit Guaranty
Corporation:
US Department of Labor Pension Report
Search: 6. References.
US Department of Labor Employee Benefits
Security Administration (ESBA):
U.S. Government Pension Benefit Guaranty
Corporation:
Pension Rights Center -- non-profit: |
||
|
If formerly a regular, direct U.S. employee of HP or HPE -- or are in the process of leaving -- join the HP Alumni Association. No charge, thanks to HPAA's Supporting Members. © 2022 Hewlett-Packard Alumni Association, Inc. • By using this site you accept these terms • Operated by volunteers. Not officially endorsed or supported. |
||
