Question for anyone who has received a severance package from Cigna. If you get laid off, get a severance package and find a new job outside of Cigna, does your Cigna severance end once you start a new job or does it continue?
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why would you even consider working at Cigna after they get rid of you. F them.
Just learned that the Retiree benefits aren't available for Express-Scripts folks - only Cigna. Or at least that is what I was just told by Employee Services overseas representative. :{
What happens to my severance if I find a job outside of The Cigna Group? What happens if I am hired as a temporary or contract worker with The Cigna Group? What happens if I find a position within The Cigna Group?
• Your severance is not impacted by securing employment at a company outside of The Cigna Group. Severance payments stop on the date of your re-employment with any Cigna Group company. If you are hired into a contract role at The Cigna Group, your severance may be impacted. This decision is made by the Plan Administrator.
@a4 That would be the ideal situation. Collect two payrolls for 4-6 months. Depends on your age and how marketable your skills are.
Someone that was laid off in February of this year… as long as you’re not like the VP of Cigna, I don’t think they’re coming for your severance. I would be concerned if it were Band 5 or 6. I was Band 4.
Your severance is not affected as long as your new role is not with any of the Cigna group companies. If you take a role with any of the Cigna group companies even as a consultant they stop your severance.
Your severace is yours once it hits your bank account. No employer has the right to recind it except for cause. for Example, if you signed a non-disclosure, agreement went out and blabed all the secrets before the term of the NDA, then they would have a case. A normal employee really does not have that much to blab and the severance is not all that much money to them, its when executives who have knowledge of how the sausage is made and where the bodies are burried leave that they really watch those NDAs.
Best advice, Take the cash, go get another job ASAP and be professional. Cigna will no longer be a concern of yours other than to comment on this board and to wash the Cigna ick off of yourself.
No need to worry as there are no jobs to be found at the moment.
@OP I haven’t received a package but I have seen several people mentioned getting severance and landing a new role and collecting double pay until all the severance was paid.
@OP your severance us not effected by you getting a new job.