Thread regarding Intel Corp. layoffs

Separation checks...

Can anyone tell me if the $9000 cobra payment and the VSP payment come in one check or two?

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Post ID: @OP+It543sy

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I was laid off late April and have not seen any of the 9K yet. 2 weeks ago I was told in the next 15 days.

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Post ID: @1llz+It543sy

..done with Intel forever.

Amen.

unfortunately, the mental scars will take years to heal.

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Post ID: @1ruf+It543sy

For pension payment the brexit drop of 5% was only for 3 days around june 27, did they choose those dates to decide your pension amount and cut the amount, did you take a 5% hit or smaller? I don't think there is any COBRA payment due for ERP people, Intel would make those payments directly to provider.

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Post ID: @pbp+It543sy

12 weeks and counting and still waiting for the $9K Cobra payment. Per HR wil be separate payment. Don't hold your breath. 3 calls & emails to HR Transition and after getting 3 different answers/dates, 2 of which are long past got last reply 2w ago saying it 'should pay sometime in July' for the initial round is ISP from late April. At that rate, doubt ERP or VSP will see anything until at least end of Aug or Sept.

All other severance & ESPP reimbursement (interest-free loan of my salary to Intel for 6 months) finally paid although weeks late too. Just got the final Pension payout & retirement account rollovers promised in mid-June this week. Apparently payments cut after market plunged with Brexit and then delayed for processing so missed re-investing before the upswing too.

Only thing to say is unbelievably glad I'm done with Intel forever!

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Post ID: @zyp+It543sy

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