Not sure what the correctly terminology is, but for those that are having the company Reimburse them for education expenses, how will it work if those employees are laid off. Is there a requirement that the employee must work for the company a certain number of years?
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As long as you are actively employed at the time of reimbursement you will receive the payment. You will not be expected to pay the funds back. That was my determining factor in applying for Vsp
@OP they quietly changed the policy last year and removed the repayment requirements. This was the only question holding me back from taking the VSP because if I had to pay it back it would pretty much cancel out my severance. I confirmed this with my health plan HR and with the VSP hotline. You should be good!