Thread regarding Ford layoffs

When can I expect to get the lump sum benefit?

I signed the waiver form and sent it yesterday.

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Post ID: @OP+1nu8F83s

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Lump sum pension takes 45 days.

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Post ID: @2wom+1nu8F83s

Did you mean severance or retirement? If it is for retirement, you have to submit additional paperwork.

Submitted my waiver on 08/23/22. My severance was deposited in my checking account on 09/15/22.

Submitted pension choices form on 0824/22. Financial institution received lump sum pension check on 10/18/22.

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Post ID: @1nti+1nu8F83s

It comes in with the jelly of the month club.

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Post ID: @ooa+1nu8F83s

I received mine mid September. Was retired Aug 22.

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Post ID: @the+1nu8F83s

Four weeks after you sign it is pretty typical; I was part of the April 2022 SIRP class and those I knew that were part of it, too, got theirs in about 4 weeks,; so did I.

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Post ID: @fiu+1nu8F83s

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