Thread regarding Accenture layoffs

Does Accenture offer a pension plan?

Does Accenture USA offer a pension plan nowadays? I know some other consulting companies do, yet many do not.

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Post ID: @OP+117InSnk

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550 people in Accenture still have a pension plan... This has been grandfathered from the Pre-IPO days.

New Pension Plan: Accenture has created a new, fully funded, defined benefit plan with approximately $200 million of pension obligations with substantially the same terms as the Plan for approximately 550 active U.S. employees who remain eligible to accrue benefits.

Source:

https://newsroom.accenture.com/news/accenture-reduces-us-pension-obligations-by-1-6-billion-through-previously-announced-plan-termination-following-asset-transfer-to-aig-and-massmutual.htm#:~:text=New%20Pension%20Plan%3A%20Accenture%20has,remain%20eligible%20to%20accrue%20benefits.
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Post ID: @5vaki+117InSnk

Accenture offers a 401k, but no pension plan. Profit sharing as well.

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Post ID: @5kvwf+117InSnk

axed about 20 years ago. just around the same time when real 'partners' were turned into shareholders

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Post ID: @kxqr+117InSnk

i thin this got axed back in 2001

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Post ID: @7fjh+117InSnk

Nope, few companies do any more unless you work for the government.

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Post ID: @4svv+117InSnk

No we do not.
We used to have one, I think we discontinued it right around the time when we went public (or a little bit later) - the plan was really good, oh, well...

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Post ID: @1emc+117InSnk

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