ibm pension plan annual report


What is the IBM Personal Pension Plan?

    The IBM Personal Pension Plan consists of a tax-qualified plan and a non-tax qualified plan. Effective January 1, 2008, the non-tax qualified plan was renamed the IBM Excess Personal Pension Plan and is referred to herein as the Nonqualified Plan, and the tax-qualified plan is referred to as the Qualified Plan.

Is the IBM annual report Sustainable?

    All Rights Reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse, products or services of IBM; p. 12, courtesy Sund & Baelt; p. 13 (left), courtesy Woodside Energy The IBM Annual Report is printed on papers harvested to sustainable standards.

How often are IBM contributions made?

    • Matching contributions and automatic contributions are made once annually at the end of the year. In order to receive such IBM contributions each year, a participant must have completed the service requirement, and must be employed on December 15 of the plan year.

What is IBM retention plan?

    • The Retention Plan is unfunded and maintained as a book reserve (notional) account. • No funds are set aside in a trust or otherwise; participants in the Retention Plan are general unsecured creditors of IBM regarding the payment of their Retention Plan benefits.
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