PepsiCo also sponsors a traditional pension plan, The PepsiCo Employees Retirement Plan. While this plan has been closed to newly hired salaried employees for many years, there are some employees who remain eligible for this plan. As announced in December 2020, future benefit accruals under this plan will end on December 31, 2025. If eligible, go to pepsicoretirementmodeler.com to learn more.
Generally, if you are receiving ARC, you are not eligible for this plan. If you aren't sure whether this benefit applies to you or would like to learn more about your pension benefit, please reach out to a Healthy Money coach at 1-866-737-7498 or The PepsiCo Savings and Retirement Center at Fidelity at 1-800-632-2014.
This guide is intended to provide a summary of some of the features of the PepsiCo Savings Plan; however the official plan documents remain the final authority and, in the event of a conflict with this guide, will govern in all cases. While PepsiCo, Inc. (Company) currently intends to continue the Savings Plans and programs described herein, the Company reserves the right to amend, modify or terminate the Savings Plans or programs at any time. Nothing in this guide should be construed as a promise or guarantee of future benefits or any level or amount of benefits, or as a promise or guarantee of employment or future employment for any duration.
January 2024