Retirement Savings Plan
The Retirement Savings Plans are two separate plans — the PG&E Corporation Retirement Savings Plan, which covers Management and Administrative and Technical employees, and the PG&E Corporation Retirement Savings Plan for Union Represented Employees. Assets from the former Pacific Gas and Electric Company Savings Fund Plan were rolled into these respective Plans.
The Retirement Savings Plans are "defined contribution" plans, and are sometimes referred to as 401(k) plans. This means that eligible participants receive retirement income benefits based on personal and Company contributions made to the Plan while employed by the Company as well as investment gains and losses on these contributions. As a retiree, you may continue to invest your account balance, and make withdrawals from the Plan throughout retirement.
This Summary Plan Description contains a summary of your rights and benefits under the Plan. It is not meant to interpret, extend, or change the Plan in any way. A copy of the Plan is on file with the Plan Administrator and may be reviewed by any participant or beneficiary at any reasonable time.
The plan document governs in the event of any discrepancy between this Summary Plan Description and the actual provisions of the Plan document. The Corporation reserves the right to change, amend, or terminate the Plan at any time.
This Retirement Savings Plan section constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933. In addition to reading this summary plan description, you should read the description of the Fund that is contained in the separate prospectus before investing.
To obtain a copy of this Summary Plan Description or the prospectus, or to answer questions about the Plan, please contact the RSP Service Center at 877-PGE-401k or 877-743-4015 or go to the Fidelity website at www.401k.com. You may also contact the Plan Administrator (see the Rules, Regulations & Administrative Information section for contact information).