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Verizon Surplus Numbers

Verizon has declared a surplus in FAAs 1,2,3,4,5 & 6. This surplus has been determined by the Company to be due to a process change, not an external event. The provisions of FAP Articles 8(b) and 10 will not apply. CWA Local 1101 titles affected by the surplus appear in column marked FAA 1.

There […]

March on Washington for Jobs and Freedom

Fifty years ago, more than 200,000 people gathered in the nation’s capital to demand civil liberty and economic opportunity for all. The march was the largest demonstration for jobs and freedom in the country’s history, and it was there that Martin Luther King, Jr. delivered his celebrated “I Have a Dream” speech. This Saturday, civil […]

Mantoloking residents unhappy with Verizon Voice Link wireless service

Mantoloking resident Peter Flihan really doesn’t like Voice Link, Verizon’s wirelesss replacement for traditional telephone service in this superstorm Sandy-ravaged borough.

Flihan, who doesn’t have a computer at home, can’t use his fax machine. His alarm company had to find another alternative to connect his security system to a central station because Voice Link doesn’t […]

State sets public hearing on Verizon use of Voice Link service

ALBANY — The State Public Service Commission has set a hearing Aug. 24 that will help determine whether Verizon’s cellular-based telephone system on Fire Island should be expanded statewide as an alternative to rebuilding its landline system.

The hearing is scheduled for noon at the Ocean Beach Community House, 157-164 Bay Walk, Ocean Beach, Suffolk […]

Wage Increase Goes Into Effect This Week

As per the collective bargaining agreement of October 10, 2012, a wage increase of 2.75% goes into effect today, August 4, 2013. The increase is applied to all steps of the basic wage schedule.

The next wage increase is 3% and goes into effect one year from now, Sunday, August 3, 2014.

Verizon Pension Gets Boost From Rising Rates

Verizon Communications Inc. ’s pension deficit has been sliced by almost half this year because of rising interest rates, according to the Chief Financial Officer, Fran Shammo.

An increase in discount rates, used to calculate the present value of future pension obligations, helped reduce the telecommunications company’s unfunded liability by roughly $4 billion, he said.

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