Thread regarding Intel Corp. layoffs

ERP folks

Check your 401k for a nice surprise

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Post ID: @OP+LDkje1A

12 replies (most recent on top)

Mine showed up I mr RC as a transaction

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Post ID: @6vnn+LDkje1A

Where do you see the amount added? I looked in the "transactions" section and there was nothing posted in there.

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Post ID: @6mon+LDkje1A

Six figures payout thanks BK for setting me free!

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Post ID: @2nby+LDkje1A

Nothing into my account yet as of 2/3/17. Any other eligible retirees from 2016 still waiting?

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Post ID: @2azi+LDkje1A

When/how is the pro-rated APB coming? Will it come as a paper check?

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Post ID: @2gik+LDkje1A

I was too young to take the ERP package :-( despite my 19 years in Intel

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Post ID: @2ywl+LDkje1A

Good to know. The retiree website has a lot of broken links so I couldn't check

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Post ID: @1nsn+LDkje1A

I took a month to gather the data and weigh the pros/cons of going ERP vs staying. I finally took the ERP in what now shows as an obvious and great choice.

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Post ID: @1xyd+LDkje1A

I know exactly what I will be getting with Intel's Retirement Contribution back in June when I accepted the ERP. So, there is no "surprise"; whatsoever

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Post ID: @pri+LDkje1A

Just to set the record straight: the pro-rated retirement contibution, and the upcoming pro-rated APB, are benefits of "normal" retirment from Intel. Anyone who took the ERP (myself included) got the new "enhanced" benefits are well as the normal benefits. For anyone at Intel considering retirement, take a look at the benefits handbook to see what are the benefits they can expect if they take that route.

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Post ID: @cts+LDkje1A

I just want to mention again to my fellow ERPers that I don't think we could have ever gotten a better deal to leave. I just don't see those types of packages coming around again. Truly a blessing!

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Post ID: @xtc+LDkje1A

Thanks for the heads up, that ERP just keeps on giving!

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Post ID: @zgc+LDkje1A

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