Return to Declaration
by expert witness Claude Poulin, FSA,
October 3, 2002


Exhibit D
AT&T Management Pension Plan
Benefit Accrual Rates

 
SSWB = $65,400  
Compensation = $40,000  
Interest Credit = 4.00%  
 
(1) (2) (3) (4) (5) (6) (7) (8) (9)
(10)
 (11)
Pay Credits Pay Credits Total Pay Credits Age 65 New
Old
 Reduction
Pay Credit Percentage Up to Over Pay Projected Accrual Accrual
Accrual
 or
Age Up to SSWB Over SSWB SSWB SSWB Credits to Age 65 (Col(7)/9.58) Rate
Rate
 Increase

 
21
3.00%
6.00% $1,200 $0 $1,200 $6,740 $704 1.76%
1.60%
 Increase
22
3.00%
6.00% 1,200 0 1,200 6,481 676 1.69%
1.60%
 Increase
23
3.00%
6.00% 1,200 0 1,200 6,231 650 1.63%
1.60%
 Increase
24
3.00%
6.00% 1,200 0 1,200 5,992 625 1.56%
1.60%
 Reduction
25
3.00%
6.00% 1,200 0 1,200 5,761 601 1.50%
1.60%
 Reduction
26
3.00%
6.00% 1,200 0 1,200 5,540 578 1.45%
1.60%
 Reduction
27
3.00%
6.00% 1,200 0 1,200 5,327 556 1.39%
1.60%
 Reduction
28
3.00%
6.00% 1,200 0 1,200 5,122 535 1.34%
1.60%
 Reduction
29
3.00%
6.00% 1,200 0 1,200 4,925 514 1.29%
1.60%
 Reduction
30
3.50%
7.00% 1,400 0 1,400 5,525 577 1.44%
1.60%
 Reduction
31
3.50%
7.00% 1,400 0 1,400 5,312 554 1.39%
1.60%
 Reduction
32
3.50%
7.00% 1,400 0 1,400 5,108 533 1.33%
1.60%
 Reduction
33
3.50%
7.00% 1,400 0 1,400 4,911 513 1.28%
1.60%
 Reduction
34
3.50%
7.00% 1,400 0 1,400 4,722 493 1.23%
1.60%
 Reduction
35
4.25%
8.50% 1,700 0 1,700 5,514 576 1.44%
1.60%
 Reduction
36
4.25%
8.50% 1,700 0 1,700 5,302 553 1.38%
1.60%
 Reduction
37
4.25%
8.50% 1,700 0 1,700 5,098 532 1.33%
1.60%
 Reduction
38
4.25%
8.50% 1,700 0 1,700 4,902 512 1.28%
1.60%
 Reduction
39
4.25%
8.50% 1,700 0 1,700 4,713 492 1.23%
1.60%
 Reduction
40
5.00%
10.00% 2,000 0 2,000 5,332 557 1.39%
1.60%
 Reduction
41
5.00%
10.00% 2,000 0 2,000 5,127 535 1.34%
1.60%
 Reduction
42
5.00%
10.00% 2,000 0 2,000 4,929 515 1.29%
1.60%
 Reduction
43
5.00%
10.00% 2,000 0 2,000 4,740 495 1.24%
1.60%
 Reduction
44
5.00%
10.00% 2,000 0 2,000 4,558 476 1.19%
1.60%
 Reduction
45
6.50%
13.00% 2,600 0 2,600 5,697 595 1.49%
1.60%
 Reduction
46
6.50%
13.00% 2,600 0 2,600 5,478 572 1.43%
1.60%
 Reduction
47
6.50%
13.00% 2,600 0 2,600 5,267 550 1.37%
1.60%
 Reduction
48
6.50%
13.00% 2,600 0 2,600 5,065 529 1.32%
1.60%
 Reduction
49
6.50%
13.00% 2,600 0 2,600 4,870 508 1.27%
1.60%
 Reduction
50
8.00%
16.00% 3,200 0 3,200 5,763 602 1.50%
1.60%
 Reduction
51
8.00%
16.00% 3,200 0 3,200 5,541 578 1.45%
1.60%
 Reduction
52
8.00%
16.00% 3,200 0 3,200 5,328 556 1.39%
1.60%
 Reduction
53
8.00%
16.00% 3,200 0 3,200 5,123 535 1.34%
1.60%
 Reduction
54
8.00%
16.00% 3,200 0 3,200 4,926 514 1.29%
1.60%
 Reduction
55
10.00%
20.00% 4,000 0 4,000 5,921 618 1.55%
1.60%
 Reduction
56
10.00%
20.00% 4,000 0 4,000 5,693 594 1.49%
1.60%
 Reduction
57
10.00%
20.00% 4,000 0 4,000 5,474 571 1.43%
1.60%
 Reduction
58
10.00%
20.00% 4,000 0 4,000 5,264 549 1.37%
1.60%
 Reduction
59
10.00%
20.00% 4,000 0 4,000 5,061 528 1.32%
1.60%
 Reduction
60
10.00%
20.00% 4,000 0 4,000 4,867 508 1.27%
1.60%
 Reduction
61
10.00%
20.00% 4,000 0 4,000 4,679 488 1.22%
1.60%
 Reduction
62
10.00%
20.00% 4,000 0 4,000 4,499 470 1.17%
1.60%
 Reduction
63
10.00%
20.00% 4,000 0 4,000 4,326 452 1.13%
1.60%
 Reduction
64
10.00%
20.00% 4,000 0 4,000 4,160 434 1.09%
1.60%
 Reduction
65
10.00%
20.00% 4,000 0 4,000 4,000 418 1.04%
1.60%
 Reduction

 

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