See all of
HPAA's information for EDS alumni -- pension, stock,
career, networking, EDS history/culture -- whether or
not you ever worked for HP:
Key: Legal successor and corporate names.
- EDS was sold to the Hewlett-Packard
Company on Aug 26, 2008.
EDS stock peaked at $50 to $72 in 2001 but was down to $19
before the announcement. HP paid $25 per share in cash,
$13.9 billion -- a 32% premium.
- HP Inc. is the legal successor to the companies acquired by
the Hewlett-Packard Company before the company was split into HP Inc. and
Hewlett Packard Enterprise (HPE.) Responsibility for any commitments
to former employees of Autonomy, Compaq, Digital, EDS, Tandem, etc.
remain with HP Inc. -- regardless of whether the employee's
last business unit ended up in HP Inc. 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.
- EDS was
temporarily structured as a wholly-owned subsidiary called "EDS,
an HP Company."
On Sep 23, 2009, it was
renamed "HP Enterprise
- On Oct 21, 2015, Hewlett-Packard Company spun off
Hewlett Packard Enterprise (no hyphen; singular.)
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:
Make sure that 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. (HP Inc. is the legal successor to companies bought by HP -- including Compaq and EDS. HPE is successor to companies it bought -- Cray, Nimble, etc.) Update
address at former company
Other benefits issues for EDS alumni -- including 401(k),
stock, HP and HPE retiree benefits, vehicle discounts. Report disability or a
death to the
You may have an EDS pension. If you were employed in
the U.S. by EDS or "EDS, an HP Company" before
January 1, 2009 you may have an EDS pension that you have
"Potential Private Retirement Benefit"
letter from Social Security. Reports the last transaction in a benefit
plan that you were once enrolled in. If "Type of Benefit" is coded "A"
-- in the previous year, you rolled the money into a different plan,
bought an annuity, or took the cash. "M" if you left before vesting in
that plan. How to investigate: https://www.hpalumni.org/PotentialBenefitLetter.
- The HP Retirement Service Center administers pension and 401(k) accounts
for HPInc (legal name changed from Hewlett-Packard Company
to HP Inc. in 2015.)
Also administers 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:
- For details of an employer retirement or health plan,
obtain a copy of the legal Summary Plan Description ("SPD")
-- either by logging into your account on the plan
administrator's website or by calling the plan
administrator's phone center. They are required by law to
provide your SPD upon request. The SPD takes precedence over
any other written, online, or verbal information you may be
How to use an SPD
- Members indicate
that the EDS 401(k) was administered by Vanguard before EDS
was sold to HP.
Stock issues for former EDS employees.
Service at predecessor companies. Of HP's many
predecessor companies, only HP and DEC had retiree healthcare programs.
had pension plans. Over the years, HP, DEC, and EDS set
aside money in dedicated trust funds to pay for those
programs. Compaq, Tandem, Autonomy, Palm, etc. did not have
retiree healthcare or pensions among their benefits
programs. Their employees did not have those expectations
and there were no corresponding trust funds to pass on to an
acquiring company. Therefore, employees of those companies
do not get credit under HP's retiree healthcare or pension
programs for service at the predecessor company. (DEC
employees get retiree health credit for DEC and HP service
but not Compaq service.) Confusingly, predecessor service
counts for vacation/FTO.
Report disability or a
death to the
GM owned EDS from
1984 to 1996. Current eligibility
and sponsorship rules for GM retirees, former GM employees,
widows and widowers of former GM employees, and GM Family Legacy Program:
Operated by volunteers. Not officially endorsed or supported.