Thread regarding Nestle layoffs

Retirement accounts

Did anyone cash out their retirement account? If so, how long did it take to be deposited into your account?

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Post ID: @OP+14fIhOqz

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I cashed out my pension but they screwed up my paperwork. They say the distribution is automatic but thats false you have to go on the nestle ehr and activate the distribution packet.
My last day was 12-7-19
My pension lump sum is going to be deposited into my account may 1st.
I rolled my 401k into another brokerage firm that has low to no fees. I got lucky-sold high and re-invested low. Last day of work was 12-7-20 . New job started 12-10-20

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Post ID: @bpmt+14fIhOqz

Can someone post the email, phone number or website for pension information? I can’t find them anywhere.

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Post ID: @8fcb+14fIhOqz

My last day was in November and I never received anything in the mail from Nestle regarding my 401k or pension. I finally sent them a message on March 23rd asking about it and got a response saying it was mailed out on March 24th. Apparently, whoever I talked to talk was from the future. They told me if I filled it out and returned it ASAP I could get my pension payout on April 1st. Still haven't received it so I'm guessing it will get pushed to May 1st. Don't know why I was never sent anything until I messaged them and asked for it but whatever.

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Post ID: @4ybu+14fIhOqz

i got my check today the 4th i filed paperwork in february im rolling my pension over though hopefully this virus thing will go away and can start making money again.

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Post ID: @4eiq+14fIhOqz

My deposit is supposed to be April 1st. But they told me depending on your bank it could be up too 3 days. My buddy told me if you call the HR pension line. There’s a recording saying it could be 10 days.

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Post ID: @1slm+14fIhOqz

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