Logo

Site Map    Contacts    Benefits    Medicare    Stock    Pension    Finance    Career    WFR/Retiring    Related Companies    HP History    Join HPAA

For EDS Alumni (Electronic Data Systems Corporation)  (Updated Oct 7, 2022.)

Website operated by volunteers. Not officially endorsed or supported. Comments: info@hpalumni.org

Information from EDS alumni for EDS alumni -- whether or not you ever worked for HP...

If you got a letter from Social Security entitled "Potential Private Retirement Benefit." Look at the "Year Reported" and the table on the back of the letter. If "Type of Benefit" is "A" -- you rolled to a different plan, bought an annuity, or took cash. How to decode and what to do: https://www.hpalumni.org/PotentialBenefitLetter.

Pension change. If you have been receiving monthly U.S. HP, DEC, or EDS pension payments that commenced on or before November 1, 2020 -- your pension is probably among the 41,000 converted in September 2021 from a company pension administered by Fidelity to an insured annuity provided by Prudential. Details: https://www.hpalumni.org/pension2021

Successor company.

EDS sale to Hewlett-Packard. In 2008, due to declining growth and profits, EDS stock was down to $19 from $72 in 2001. EDS management and board negotiated a $13.9 billion sale to HP at a 32% premium -- which was completed Aug 26, 2008. (Founder Ross Perot retained 50% of the stock when EDS went public. GM contracts were 31% of revenue when he sold the company to GM in 1984. GM spun out EDS in 1996.)

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; green-rectangle logo) -- was spun out. Portions of HPE were later spun out into DXC and Micro Focus, which have spun out other companies.

DXC is a completely separate company -- not a legal successor corporation to HP or HPE.

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 on Nov 1, 2005. Responsibility for commitments to former employees of Compaq, DEC, 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.

At completion of the sale on Aug 26, 2008, EDS was temporarily structured as a wholly-owned subsidiary called "EDS, an HP Company." On Sep 23, 2009, it was renamed "HP Enterprise Services."

Contacts at HP Inc. -- the successor company: HP contacts 

Financial issues.

Which HP-related companies have me classified as a retiree or former employee? Given HP's history of acquisitions and spinoffs, this may not be obvious. If any doubt, check here: Which Company

Make sure that the legal successor to every company you ever worked for has your current postal address. Even if not classified by the company as a "Retiree" or if long gone -- in case of pension plan changes, employment lawsuits, settlements, or other issues. Update address at former company

EDS pension. If you were employed in the U.S. by EDS or "EDS, an HP Company" before Jan 1, 2009 -- you may have an EDS pension, administered by HP: https://www.hpalumni.org/edsPension

Time to untangle your 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. How many shares of which HP-related companies should I have? How much cash should I have received? hpalumni.org/stock

Stock issues for former EDS employees. https://www.hpalumni.org/StockEDS

Benefits issues for EDS alumni -- including 401(k), HP and HPE retiree benefits, vehicle discounts. Death or disability of a former employee. https://www.hpalumni.org/edsBenefits

Career.

Employment verification and experience letters for Hewlett-Packard, Hewlett Packard Enterprise, and related companies. Employment and Experience Verification

Career and employment issues for EDS alumni. Openings posted by recruiters searching for EDS background. Employment verification. Leaving HP. Untangling and strengthening your LinkedIn profile. Networking with other EDS alumni. https://www.hpalumni.org/edsCareer

Update and strengthen your LinkedIn profile. Even if not currently looking, you need a strong, credible profile on LinkedIn. People check you out before working with you. Recruiters run searches for particular skills and background. In addition, LinkedIn helps you reconnect with people who know you and your work.

Check your profile. LinkedIn has been standardizing company names, with odd results. Recruiters view illogical entries -- such as HPE positions before 2015 -- as fake. (HPE changed many decades-old HP positions to display the HPE name and logo.) Watch for typos, like "principle engineer." You may wish to emphasize (or de-emphasize) some of your experience and background.

Tricks and traps: hpalumni.org/LinkedIn

Networking.

LinkedIn. "EDS Alumni" group on LinkedIn. For former employees of EDS. Join EDS Alumni on LinkedIn.

Reconnect, celebrate the good times, and appreciate those who have passed. Social groups on Facebook for HP, Boise, Corvallis, Cupertino, Medical Group, Response Center, Santa Rosa, Southern California, EDS, DEC, Tandem, and Compaq. Private, independent online forums operated and moderated by people from each community. Directory of leading HP-related Facebook groups: https://www.hpalumni.org/facebook

EDS history and culture. Classic EDS ads. "The lost legacy of EDS." Books about EDS. Sale to HP. Corporate names. Perot. https://www.hpalumni.org/edsHistoryCulture

Operated by volunteers. Not officially endorsed or supported. More about the HPAA

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.