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Oct 19, 2012

Washington, D.C. -- The Communications Workers of America is pleased to see that AT&T is taking steps to further strengthen its defined benefit pension fund. Retirement security is a critical issue for working families, and AT&T’s action means a strong future for the fund.

AT&T's announcement comes at a time when many companies have moved in the opposite direction, eliminating or underfunding their pension plans and putting workers’ retirement security at risk.

The Department of Labor will review AT&T's request to ensure compliance with regulations designed to safeguard plan participants.

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Contact: Candice Johnson, CWA Communications, 202-434-1168 or cjohnson@cwa-union.org