Thread regarding Verizon Communications Inc. layoffs

3.07 GATT rate for 3rd quarter

Big jump from this quarter’s 2.25. If you’re thinking of bailing, do it before June 30. Plug the 3.07 rate in on the about you retirement calculator to see how much you will lose.

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Post ID: @OP+1h09mtnt

10 replies (most recent on top)

You need to get your papers in by the 10th of the previous month that you plan on leaving to lock in on that rate. Call VZ benefits

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Post ID: @2fsf+1h09mtnt

I believe by June 30th is the date to leave to not have the lump reduced

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Post ID: @2drj+1h09mtnt

I am waiting for 100 GATTS before bailing. The union keeps me on disability though so it is okay.

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Post ID: @1wsx+1h09mtnt

@bap+1h09mtnt. Why June 10th? And not say the 30th?

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Post ID: @1wbg+1h09mtnt

No GATT does not change the monthly at all. Only lump sum.

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Post ID: @1dia+1h09mtnt

Does GATT change the monthly by much? I'm about a month short of my numbers lining up under the current contract so I can't estimate my 25 years service/over age 50 numbers yet.

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Post ID: @1vxb+1h09mtnt

.....and if you do decide to leave at the end of June and avoid the rate hike, you will need to have you papers in by June 10th

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Post ID: @bap+1h09mtnt

If you could have,You should have bailed in the 1st quarter. This was not a surprise.

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Post ID: @bku+1h09mtnt

I'm not the op but zph is exactly why this site blows😒
Just like your sp--m, your opinion isn't so great it needs to be spread all over the place. If you don't have anything to add, just be 🤫 quiet.

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Post ID: @ztr+1h09mtnt

What is a 3.07 GATT? Is that a layoff? Because this is a layoff page, not a GATT page....

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Post ID: @zph+1h09mtnt

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