Thread regarding AIG (American Intl Group Inc.) layoffs

Lay offs

When you are laid off with severance; does your check continue or is there a delay?

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| 1751 views | | 4 replies (last August 16, 2022) | Reply
Post ID: @OP+1i927B9C

4 replies (most recent on top)

2 weeks per year, assuming you are actually let go and not rebadged to accenture (in which case you don't get severance). Using current pay.

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Post ID: @6yzj+1i927B9C

Is it 2 weeks per year and how is it calculated based on yearly income or current pay

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Post ID: @6xui+1i927B9C

If you sign papers right away and select continuation severance vs lump sum, it should not skip any you would get paid every 2 weeks during payroll weeks, as I’m past. If for some reason they skip a payroll week, your severance should extend for extra payment. Just track it and ensure you get all your payments. In my case, I delayed signing my SRA for 2 weeks and they skipped one payroll but did not add it at the end of the severance period. I Had to call shared services and deal with their uselessness and it took another month to get my final payment, after I got HR in NY involved. If you don’t need medical benefits, consider taking the lump sum. Good luck.

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Post ID: @1nxd+1i927B9C

You will get a large package of documents to read and sign. They explain all your options.

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Post ID: @1mxx+1i927B9C

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