To those who can truly implement the next offer to craft. It is clear to all involved, that employees like me are the targets of Verizon's Management Executives to to get off the books. I have been eligible for retirement for the past five years. The last offer was fair, but not enough or designed to motivate me to leave with over three years of pay yet untapped. I can easily stay to the end of the contract and be far better off than the offer that was given as-well-as the prior offer that had $40,000.00 more.
To the point ~ we have three years remaining on the current contract here in New York and Verizon's promise to Wall Street to reduce expenses $10,000,000,000.00 by next year is fast approaching. They currently are gonna miss that boogie by several billion dollars. How can management satisfy Wall Street; reduce the headcount to attain expense reductions; with minimal litigation & avoid negative public perceptions from large firings?
Answer–make a historic onetime offer near $126,000.00 (which is equal to my last offer) with the following change:
The last package provided about $1,000.00/month for 48 months after retirement and the remaining approximate $78,000.00 disbursed back to you at a tax rate of 42% with a take home amount of around $45,240.00 to $37,000.00.
SCRATCH THAT PROCESS
Invoke a onetime package that the entire $126,000.00 would be given to the employee's 401K Plan. or the greatest amount of the principle number allowed by State and Federal Law.