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– Intel Minimum Pension Plan

December 12, 2020

Date: 12/16/2020

On December 14th, Bob Swan informed active employees that the Intel MPP will be amended so the PBGC interest rate methodology change will not impact the Intel MPP participants, effectively allowing the existing interest rate methodology to continue.  Note that this has no impact on retirees.  

Intel had made an employee announcement recently re the Intel Minimum Pension Plan that affected current employees, which was reversed by Bob Swan’s decision announced yesterday.

You can go to the Fidelity website for more information.

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