NY Accepted Volunteers & Oversubscription

On Strike, Day 5, Rally at The Today Show. Seven months without a contract.

Should I Stay Or Should I Go

NY Labor Relations Tuesday, March 27, 2012

Please advise your clients with NY volunteers that they can notify the accepted volunteers.

The over subscription will not be accepted.  Those employees will remain on the payroll.

Acceptance and denial letters have gone out in the mail.

As a reminder, the off-payroll date for accepted volunteers is 4/1/12.
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See also:
Company Declares Surplus of 829 Positions from Across New York
2/28/2012

Verizon Surplus EIPP 2/25/2012

Verizon Booklet on Your Pension Plan Benefits – download here Get all the facts!

You may be hearing a lot about how the current interest rates will affect your Pension or cash buy-out. Read the chart below.

Verizon Plan, Current and Future Interest Rates.

Download the Interest Rates chart click here.

Pension Benefit Guaranty (PBGC) Corporation, a U.S. Goverernment Agency. Current monthly rates.

Accessing Your Benefits Information

The summary plan description (SPD) is available online on Your Benefits Resources Web site.

Generally, the SPD on Your Benefits Resources Web site is the most up to date. To access it, go to: www.verizon.com/benefits

Verizon’s eWeb on About You at: http://myeweb.verizon.com/eweb/myportal/AboutYou, where you can link to Your Benefits Resources. Once you have logged on to Your Benefits Resources, from the “Health, Insurance…” or “Pension” tab, select “Summary Plan Descriptions” from the right-hand navigation bar.

You also can access your personalized benefits information: On Your Benefits Resources Web site or by speaking with a Verizon Benefits Center representative. Toll free number 1-877-489-2367, hours 9-5 Monday-Friday.