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.
Contact: Candice Johnson, CWA Communications, 202-434-1168 or firstname.lastname@example.org