El Paso Electric Company Retiree Welfare Benefits Plan is a single-employer corporate pension based in El Paso, Texas. Established in 2004, The Plan is sponsored by El Paso Electric Company. The plan provides for payment of medical and prescription benefits for retired employees, their spouses, and eligible dependents. The plan also provides life insurance coverage to retired employees. The plan was effective as of January 1, 2004. Wells Fargo Bank acts as the trustee of the plan and holds the plan's assets and executes transactions.