Benefits

From wellness and medical/dental coverage to retirement plans, PG&E’s comprehensive and competitive benefit program has been designed with our employees’ diverse needs in mind.

• Ten paid holidays and three floating holidays per year, plus accrued vacation days based on length of company service
• Paid sick leave
• Comprehensive medical, dental and vision coverage for employees and their families, including registered domestic partners (PPO, HMOs or Health Savings Account medical plans)
• Long-term disability program that provides income protection against lost wages in the event of illness or injury
• $10,000 of company-paid life insurance, plus opportunity to purchase additional life insurance at group rates
• Flexible spending accounts for health care and dependent care expenses on a pre-tax basis
• The Wellness Program, which helps employees develop self-care practices and values upon which to build a healthy and successful life
• GlobalFit, our program that provides discounts on gym memberships and other health and wellness programs
• Retirement plan that provides monthly pension payments
• 401(k) plan with multiple investment options and immediate vesting of Company-matching contributions
• Retiree medical and life insurance coverage
• Post-retirement life insurance coverage
• Employee Assistance Program that offers free short-term counseling and referral services for work, family, financial or legal problems
• Financial assistance to help pay for adoption-related expenses
• Tuition reimbursement for job- or career-related educational pursuits (including degree programs) at accredited institutions
• Access to credit union with competitive rates and employee association that offers discounts on travel, entertainment events, recreation, parks, camps and other attractions
• Commuter transit/parking program

Our work environment encourages employees to be active and productive in our communities with additional benefits:

• Access to credit union with competitive rates and employee association that offers discounts on travel, entertainment events, recreation parks and camp grounds and many other attractions
• Company-matching program for charitable contributions to educational and environmental organizations
• Employee-organized activities, such as WeightWatchers at Work, Zumba and tai chi classes, and onsite massage services (varies by location)
• Employee Resource Groups, which provide vital opportunities for increasing employee participation in outreach activities throughout the diverse communities we serve
• Employee discounts for brand-name products, cultural and community events and attractions
• Volunteer opportunities that offer a great way for PG&E employees to give back to the communities where we live and work

As someone who earned a pension benefit during your time with PG&E, you now have a one-time opportunity to choose to receive it as a single, immediate lump sum payment or as a monthly annuity starting in 2012. Either form of payment has advantages, but one probably fits you better based on your personal situation.

The choice is yours.

New extended deadline for informing PG&E of your decision is September 28, 2012.  Don’t delay – make your election right away.  This one-time only choice will not be available after September 28, 2012.