Anyone one have any info on how many takers in FAA 1? Tried calling my local, but they are completely useless. They didn’t even post it on their website
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@10h told people today in nj at the end of their shift. Will tell more tomorrow but do not think everyone will be accepted, very different from past buyout offers
@10h anyone else hear that there was around 20 people that did not make it and they were trying to add them to go over
@10c As of late this afternoon people that I know who definitely would be eligible still haven’t heard anything.
@OP any information available. I heard some people received emails today. (I was hoping the rumors that whoever put in for it was getting it)
@pq Radio silence !
@te local has the list of names
@OP Will they notify via email or portal
@rb I think the time frame is the same as in the past, they just didnt mail it this time.
@r9 is this the first time a web portal was set up to put in for it? The timeframe they used is absurd. They are leaving 5 days to be notified and than initiate your pension. (I believe you have to initiate the pension before October 10)
In this age of AI, it's ridiculous to have to wait more than a day to find out if you got the package. Even if it was done by hand by one person, it wouldn't take that long.
@OP What is your local
@OP has anyone been notified they got package
@kz original post was asking about FAA 1 (FAA 1 surplus total is 552) FAA 1 field tech number is 389.
@kz FAA 1 is 389 field techs in the 5 borough’s
@kk what state. Or all you talking the whole verizon footprint?
@OP Saturday 8pm, I heard 2 conflicting reports. 1 person said the final number was 291 field techs. Another person said they reached 389 with the last person having a hire date in year 2000. All rumors with no facts
@hd That’s about the number I heard put in as well.
@a7 Definitely not a “no brainer.” Maybe for you it is, but some people are very prepared and financially ready to get the he-l out of here. This would be the icing on the cake. And regarding the medical, there are options .
We shall find out Monday morning. In NYC 389 was the number for field techs. Seems about 300 have put in their papers.
@fp then they should have bargained with the union. A bridge to Medicare, or higher payments would have got them what they wanted.
@ar - wish they would give a better offer but the Company can't give us a better offer unless it's bargained for with union leadership. The eipp is contractual- its in writing- just ask your steward or read the contract. It's based on surplus by garage. Or even the call centers. Maybe that will change with next agreement.
FWIW - Asked a co-worker if they were taking it and they said the package wasn't anything special and they'd rather stay and make another six or seven hundred thousand bucks over the coming 4 years, or see if a better package comes out next year.
@b0 They didn’t get offered the package because their wasn’t a surplus declared in their job title. C’mon, smarten up!
@b6 The union has an pretty good idea of the numbers. But, you would have known that by reading other previous responses.
@cb Yeah, you keep waiting for that one
@ce Pretty sure anyone retiring would be taking that into consideration. Is it an ideal medical cost? No, but I am sure a lot of possible retirees can swing it and want to go enjoy retiring
@OP The union has terrible pre-Medicare health insurance for retirees. One would have to seriously consider this before taking this package.
@ar I was going to take it. But not being Medicare age, the health care was very expensive. I heard that there will be another offer next summer.
Isn't the deadline to declare Fri, Oct 2 ??...Thus how would anyone know.
Wait till this contract expires. Do you think Verizon isn’t going to make whoever is left pay more for your medical? Thats if they decide to settle and not sell off or contract out.
There are people who want the package and have the seniority, but weren’t offered. To top it all off, those who wanted to go but weren’t offered are being asked to backfill for those who are taking the package. That’s why the competition is surpassing us. The decisions we make don’t make sense.
@an bookmarking
Two months into a new four year contract extension the company needed to do much better than this mediocre offer if they really want to get rid of people. Oh well, they can try again next year.
@af Vz has declared plenty of surpluses without getting to the number they declared. This isn’t wireless, no one is getting laid off.
@a8 healthcare going through the roof. It's no wonder nobody wants to retire and be on the hook for $20,000 or more in medical costs on a fixed budget.
If they don't get their Surplus number it will be interesting to see what happens. Where are the Surplus people going to go?
They are not getting their numbers and those that think they don’t have seniority or think they don’t have a chance - put in for it, company wants as many people as possible off especially those that play the disability game.
Good luck to all- Retire- it’s worth it and this company is being driven into a ditch. There is a chance this truly is the last offer that will be offered.
@a8 They most certainly do have an idea on the numbers. Just like a previous response said, I heard right now pretty far away from the desired number. But that could change by tomorrow.
@OP huh? The union would have absolutely zero clue how many people applied for the EISP, they do not work for Verizon’s HR department
No brainer to stay. Four more years of employment guaranteed per contract beats thinking about retirement medical going up 20% a year, Inflation on everything from gas to food to rent. If you work from home it's even more of a no brainer to stay.
No.