Effective with their August pension payment, about 25% of AT&T’s pensioners will receive their checks as part of an annuity administered by Athene, a large international insurance company. AT&T announced this deal in a letter to the affected retirees -- those with monthly pensions of less than $2200 and no survivor option. If you did not receive such a letter from AT&T, you are not affected at this time and your pension will remain with Fidelity. A copy of the letter sent to affected retirees by Athene can be seen by clicking here.
To check on your pension managed by Fidelity, you can visit their website at Log In to Fidelity NetBenefits
To check on your pension managed by Athene, you can visit their website at www5.lifeatworkportal.com/athene