Thread regarding Verizon Communications Inc. layoffs

Retire age

Does anyone have an idea what the pension buy out diffrence would be for 29 yrs compared to 30ys ? How much do you lose if you leave at 29yrs

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| 1536 views | | 3 replies (last September 13, 2021) | Reply
Post ID: @OP+1cKGa9yd

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If you’re over 55 you aren’t penalized.
All that you would lose is the weekly amount increasing your 401 k from your salary deductions.
If you can go, don’t hesitate. Get a good investment firm and you’ll make more than working.

Oh and working to 30 also takes another year of your life.
So yeah. Leave now.

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Post ID: @4cbg+1cKGa9yd

You need num 75 age and time in mopservice, unless you have 30years it doesnt matter your age.so reduction is 1/2 % per month of your pension so its 6% per year reduction,and you need min 25 years to leave with medical

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Post ID: @obd+1cKGa9yd

Your age plays a factor. You can figure it out on the VZ website, about you, pension. You can plug in dates and see your figures. Just can't go beyond August of 23

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Post ID: @vnp+1cKGa9yd

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