Southern New England Telecommunications Corp – ‘10-K’ for 12/31/93 – EX-10.1

As of:  Wednesday, 3/23/94   ·   For:  12/31/93   ·   Accession #:  790650-94-3   ·   File #:  1-09157

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         33±   120K 
 2: EX-10       Nq Pension Plan                                        2±    10K 
 3: EX-10.1     Pension Plan                                           1      9K 
 4: EX-10.2     Mid-Career Pension Plan                                1      7K 
 5: EX-10.3     Disability Plan                                        9±    34K 
 6: EX-10.4     Exec. Retire Sav. Plan                                 1      8K 
 7: EX-12       Ratio                                                  1      6K 
 8: EX-13       Annual Report                                         48±   225K 
 9: EX-21       Subsidiaries                                           1      6K 
10: EX-23       Consent                                                1      8K 
11: EX-24       Power                                                  2±    13K 
12: EX-24.1     Resolution                                             1      8K 

EX-10.1   —   Pension Plan

                                   Exhibit 10(iii)(A)6

SNET MANAGEMENT PENSION PLAN  

A summary of amendments to the SNET Management Pension Plan ("Plan") is as      
follows:                                                                        

Effective September 8, 1993                                                     
Section 4, Paragraph 2(e), Early Retirement Discount:  Added the Pension
Deferral Option to provide management employees who are eligible to     
receive a Discounted Service Pension with an opportunity to defer       
commencement of the pension payments to a later date, no later than age 
55, to reduce or eliminate the amount of the early retirement discount  
applied to the pension payments.  Employees may elect to commence       
receipt of pension payments prospectively at any time.  Employees       
choosing this option will be classified as an SNET retiree, with all    
related retiree benefits to the extent that they remain available to    
retirees.                                                               

Section 4, Paragraph 1(j) Transitional Retirement Status:  Amended the  
Transitional Retirement Status to provide management employees whose    
employment with SNET terminates between September 8, 1993 and December  
31, 1995, inclusive, with the ability to become eligible for a Service  
Pension if they would otherwise have become eligible by December 31,    
1995.  Under this provision, a Service Pension becomes payable on the   
date such employee would have been eligible to commence receipt of a    
Service Pension or a Discounted Service Pension if such employment had  
not ended.   Employees in this status will be classified as an SNET     
retiree commencing upon termination of employment, with all related     
retiree benefits to the extent that they remain available to retirees.  

Effective December 8, 1993                                                      
Section 4, Paragraph 2(b)(iii), Compensation:  Changed the definition of
Compensation for employees who retire or terminate employment on or     
after December 8, 1993 to include the awards earned under the SNET      
Executive Short Term Incentive Plan for services performed after 1988,  
consistent with the recognition of eligible performance incentive       
compensation awards in the pension formula for all other management     
employees.                                                              

Section 5, Death Benefits:  Effective upon the effective date of        
replacement coverage becoming available under the SNET Executive Split  
Dollar Life Insurance Program (SDLIP), the Active Employee Death        
Benefits and the Retiree Death Benefits provisions shall no longer apply
to active and retired employees who become covered by the SDLIP.        

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing		Date		Other Filings
		12/31/95		10-K,  10-K405/A
Filed on:		3/23/94
For Period End:		12/31/93		10-K/A
		12/8/93
		9/8/93
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