Verizon Declares Surplus (Process Change)

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Verizon has declared a surplus in FAAs 1-6.  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 FAA1.

There are a total of 190 declared surplus in FAA 1.  They are as follows: Accounting Financial Clerk (8); Administrative Assistant (38);  Building Servicer (3); Cable Splicer Technician’s Helper (1); Central Office Technician (38); Coin Telephone Collector (14); Drafter (2); Facilities Specialist (4); Materiel Attendant (1); Materiel Equipment Technician (11); Material Systems Technician (5); Network Services Coordinator (5); Office Assistant (11); Senior Administrative Assistant (11); Special Assistant (19); Special Representative (6); Storekeeper (1); Translations Administrator (12).

If the surplus condition requires the use of the Enhanced Income Protection Plan (EIPP) under step three of the Force Adjustment Plan, the EIPP packages will be distributed to employees in the surplus titles and FAAs involved by November 26, 2014.  The election period will be until December 10, 2014, and the off-payroll date will be December 21, 2014.

The surplus numbers for the different FAAs affected are listed in the document below.  Click here to download the full list of titles in each FAA.