About this Handbook
This Handbook and other applicable Summary Plan Descriptions (SPDs) are for your future reference when you want to find details about PG&E benefit plans and programs. When changes are made to these programs, PG&E communicates those changes to employees. In many, but not all instances, changes are communicated through Summaries of Material Modifications (SMMs) and other employee notices. SMMs are frequently part of the Open Enrollment materials. Please keep the communications that notify you of changes in the employee benefit programs with this Handbook for future reference. You can also access this Handbook and SMMs online at www.mypgebenefits.com and other reference documents on the PG&E@Work intranet site.
Plan Documents Govern
The plan document for the plans described in this Handbook, the terms of this Summary of Benefits Handbook which pertain to the respective plans, and the documents which are Summaries of Material Modifications to those plans govern the operation of the plans. If a conflict exists between these documents and any other communications or documents, these documents shall govern the operation of the plans. However, in the event of any conflict between the terms of this Summary of Benefits Handbook and/or Summaries of Material Modifications and the formal plan documents, the formal plan documents will control.
The Employee Benefit Committee of PG&E Corporation is the Plan Administrator of these plans and has the discretionary authority to interpret and construe the terms of the plan documents, to resolve any conflicts or discrepancies between documents and to establish rules which are necessary or desirable for the administration of the plans.
Xerox HR Services is the third-party administrator engaged by the Plan Administrator to fulfill certain recordkeeping and administrative functions for the Retirement Plan.
Plan Amendment and Termination
The Company, acting through its authorized representatives, reserves the right to amend or terminate any or all of the plans described in this Handbook at any time and for any reason, or to suspend contributions to the plans, in whole or in part, at any time, subject to any applicable collective bargaining agreements.
Any change to the plans or the termination of any plans will not affect the benefits payable to plan members (also known as "participants") before the date the plan was changed or ended, but such change may result in reduced levels of benefits or benefit coverage, or higher levels of employee contributions, after the effective date of any such change.
In the event that the Company terminates a plan for any reason without replacing it, you will be given notice.
The plans may also be terminated by judicial action if the Company is bankrupt or insolvent, or upon complete dissolution, merger, consolidation or reorganization without provision by a successor-company for continuation of the plans.