Barclays in the Americas

Barclays employees to gain benefits for eligible same- or opposite-sex domestic partners and dependents

Barclays today announced that effective January 1, 2011, all United States-based employees who opt to cover their same-sex domestic partners under the firm's medical, dental or vision plans will be eligible for a reimbursement to offset the additional US federal tax paid by the employee for the same-sex domestic partner benefit.

The reimbursement will be paid to eligible employees in the US of Barclays Capital, Barclays Corporate, Barclays Wealth and Barclaycard. Barclays is offering the payment to offset the additional federal tax paid by LGBT employees with same-sex domestic partners, whose marriages are not recognized under federal law.

Barclays offers employees the opportunity to enroll eligible same- or opposite-sex domestic partners, and his or her eligible dependents, in medical, dental, vision and other health and welfare benefits.

By leveraging employee efforts through Spectrum, the firm's employee-led global network for LGBT individuals and allies, Barclays supports the LGBT community across the US through employee fundraising and volunteering, corporate gift matching and non-profit sponsorships.

For further information contact:

Monique Wise, Barclays Wealth, Corporate Communications
+1 212 526 3568