Verizon has declared a surplus of 169 Field Technicians in FAA 1 (New York City). 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.
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 January 14, 2015. An employee’s election to leave the service of the company and receive EIPP payments must be in writing and transmitted to the Company within 15 days of the offer, in this case January 28, 2015. The off-payroll date for employees who accept the offer will be February 8, 2015.