I got laid off and was wondering if I will have to pay the full amount after the 60 days.
I signed the documents and got confirmation, but haven't heard anything since.
6 replies (most recent on top)
One more thing...
I think you lose your company paid-for life, as well as you-paid-for optional life. Not 100% sure without digging, but I think that did go away...
It stays the same, UNLESS you take a lump sum. This is why you never take a lump sum.
@af - Cooperation as in being separated from Wells Fargo ? Please share these critical details with the world
Thanks for answering.
Happy Holidays.
only changes if you take lump sum in which case you lose it and can go on cobra paying full price Wells Fargo pays. if you take big weekly payments then wells still picks up 75% of it.
Premiums, coverage, etc., says the same during severance. Medical, dental, vision. No change.
Only change I can think of is they stopped taking my 401k deposit.