Thread regarding Chevron Corp. layoffs

Chances I get partial CIP payout in March next year?

I resigned voluntarily last to join another company without retiring or giving EOI, but I worked past April of this year. Anyone know the official say in this?

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| 2141 views | | 11 replies (last July 19, 2020) | Reply
Post ID: @OP+15YIMZYk

11 replies (most recent on top)

If you resign, you get nothing. It doesn’t matter how many points you have.

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Post ID: @3fdb+15YIMZYk

Has nothing to do with points. Just ask a prior coworker for the policy.

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Post ID: @3whk+15YIMZYk

you need 75 pts fr CIP, if leaving that is add to your age 1 pt for each year of service

so if you are 60 and you worked worked for CVX for 15 years that totals 75 and you get it. Are we clear now , most of the posters have no idea what they are waffling about

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Post ID: @3khl+15YIMZYk

CIP and stock will both be in the toilet for several years. Look for income elsewhere!

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Post ID: @3aul+15YIMZYk

You need 75 points for a partial payment.

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Post ID: @2vgv+15YIMZYk

Pretty good chance that everyone will receive a only partial CIP next year.

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Post ID: @2nhh+15YIMZYk

You get prorated for each full quarter worked if you are laid off or retire...just quit... no nothing.

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Post ID: @1wmp+15YIMZYk

0 chance, I resigned 12/26/201x, got 0$, in the next year

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Post ID: @1czr+15YIMZYk

Yes you will get a prorated payout.

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Post ID: @hay+15YIMZYk

Zero chance. Have to be on payroll on december 31st of the year.

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Post ID: @vis+15YIMZYk

*last month

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Post ID: @xnb+15YIMZYk

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