Question on the 60 Weeks pay after your end date of working. Is this 60 weeks paid out all at once, or over the period of your 60 weeks like a regular paycheck every 2 weeks ?
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Yes, capped at 60 weeks dammmit. I would have had 102 weeks!! But I’m fine with it.
Curious, was the 3 weeks pay per year capped out at 60 weeks maximum?
Unemployment depends on the state you live in. Never hurts to apply. Vz will not contest.
Disagree with unemployment comment. I took the VSP in 2019 and was granted full unemployment payments in New Jersey.
Just read all Q&A provided on your email, there is a link with 90 questions and answers, all info is there
It's "voluntary" so no unemployment.
Can you get Unemployment once you get your 60 weeks lump sum -
My understanding is that the Cpmpany is picking up your health care cost for that 60 weeks, so nothing comes out for medical coverage.
Thanks for the info - Appreciated.
If that’s the case, does the separated employee still owe their normal contribution for healthcare premiums, or does it become 100% company paid for 60 weeks?
Lump sum except stock together which is added to your fidelity account 4 weeks after your last day.