other material
confidence high
sentiment neutral
materiality 0.30
PSEG amends severance and deferred comp plans; expands eligibility for certain employees
PUBLIC SERVICE ENTERPRISE GROUP INC
- O&CC approved amendments to KESP and DCP effective Nov 18, 2024.
- KESP updated to include designated Section 16 Officer positions on Schedule A, with administrative clarifications.
- DCP now offers Core Contributions for employees electing Core Contribution/401(k) option, expanding to non-officer highly-compensated employees.
- DCP amendment clarifies amendment authority follows O&CC Charter and includes other administrative changes.
- Changes are administrative adjustments to eligibility and plan terms for key executives and highly-compensated employees.