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Other benefits issues for EDS alumni. (Electronic Data Systems Corporation)  (Updated May 6, 2021.)

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Key contact: The HP Retirement Service Center is the primary administrator for HP Inc U.S. pension and 401(k) accounts, including any accounts for companies that Hewlett-Packard acquired before Nov 1, 2015 (Compaq, DEC, EDS, etc.) and that HP Inc acquired later (Poly, etc.) Operated by Fidelity Investments. 1-800-457-4015 (Outside US 1-508-787-9902 collect.) https://nb.fidelity.com (Don't go to a local Fidelity office.)


See all our information for EDS alumni -- pension, stock, career, networking, EDS history/culture  -- whether or not you ever worked for HP: https://www.hpalumni.org/eds


Key: Legal successor and corporate names. 

- 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 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, 2015. 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."

- On Oct 21, 2015, Hewlett-Packard Company spun off Hewlett Packard Enterprise (no hyphen; singular.)

- HP Inc, Hewlett Packard Enterprise, DXC, and Perspecta are completely separate companies. Details: HP Breakup

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

You may have an 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 https://www.hpalumni.org/edsPension


If you received a letter from Social Security entitled "Potential Private Retirement Benefit." If "Type of Benefit" is "A" -- in the "Year Reported" you rolled to a different plan, bought an annuity, or took cash. More: https://www.hpalumni.org/PotentialBenefitLetter.

EDS 401(k):

- The HP Retirement Service Center is the primary administrator for HP Inc U.S. pension and 401(k) accounts, including any accounts for companies that Hewlett-Packard acquired before Nov 1, 2015 (Compaq, DEC, EDS, etc.) and that HP Inc acquired later (Poly, etc.) Operated by Fidelity Investments. 1-800-457-4015 (Outside US 1-508-787-9902 collect.) https://nb.fidelity.com (Don't go to a local Fidelity office.)

- For details of a U.S. employer retirement or health plan, obtain a copy of the legal Summary Plan Description ("SPD"). Log into the plan administrator's website or call. They are required by law to provide the SPD upon request. The current SPD takes precedence over any other written, online, or verbal information you may be given -- but is still subject to change. 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. https://www.hpalumni.org/StockEDS

Service at predecessor companies. Of HP's many predecessor companies, only HP and DEC had retiree healthcare programs. Only HP, DEC, and EDS 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, 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. (DEC employees get retiree health credit for DEC and HP service but not Compaq service.) Predecessor service counts for vacation/FTO. 

Death or disability of a former employee: Member advice

Vehicle discounts. 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: https://www.gmfamilyfirst.com/about-the-discount/


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