AT$T/Legacy SBC Bargaining Units - 2011 GATT Rate @ 4.19%
The 2011 Gatt Rate is 4.19% - a decrease which you'll remember actually increases a lump sum payout. (The current 2010 Gatt Rate is 4.31%. Remember the Gatt rate does NOT impact a monthly pension annuity at all.)The January 1, 2011, Pension Band Increase is 2.0%.
If at all possible; Members will obviously want to wait until January 2011, to get the benefit of the 2011 band increase, the lower Gatt Rate and their 2011 vacation. DOWNLOAD below:
