Thread regarding Verizon Communications Inc. layoffs

Severance Pay-Out from April '17

Has anyone that got laid off in April 2017 gotten their severance pay yet? I got my unused vacation payout last paycheck 2 weeks ago. I completed all requirements for severance mid April and have not seen payout. I usually see paycheck payout on Thursdays and I don't see anything today :'(

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| 2044 views | | 10 replies (last May 24, 2017) | Reply
Post ID: @OP+NlgvOaQ

10 replies (most recent on top)

My last day on payroll was 5/5, got my vacation payout May 12, still waiting on the severance. Takes 2 pay cycles to process. I should be getting it June 1, I hope! But of course it will be half of what is due because of taxes.

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Post ID: @6xeq+NlgvOaQ

I got my severance 4 weeks after being let go. Others got theirs 4 weeks after their paperwork was turned in and accepted. If you didn't send in the paperwork that you accept the severance, you won't get paid. You have 30 days from last day on job. (if memory serves - I've tried to wipe my brain of Verizon)

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Post ID: @4nkb+NlgvOaQ

Here we my time table

11/1 returned best device

11/4 last day on payroll

11/18 vacation payout

11/25 (4 weeks after last day on payroll) severance payout .

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Post ID: @2hbp+NlgvOaQ

Here's a few good phone numbers

Payroll will answer that for you

Payroll Issues: 1-800-932-7947

Benefits Center: 1-855-489-2367

Fidelity: 1-866-899-4015 or www.401k.com

Anthem EAP: 1-888-441-8674

MetLife: 1-800-826-1923

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Post ID: @2gdy+NlgvOaQ

payout is usually 30 days from last day on payroll

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Post ID: @kkl+NlgvOaQ

If it's based on May 5th as last day on Payroll then that might be another 2 weeks on next paycheck date. Tic- toc, tic- toc, tic-toc.... hopefully not longer than that :-/

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Post ID: @ohk+NlgvOaQ

Still waiting I thought they said May 18th

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Post ID: @qlu+NlgvOaQ

Also waiting. I received my unused vacation on May 12. As I understand it, it takes a couple weeks to process the severance, but I think that waiting period starts on May 5 seeing as that was the last day on pay roll.

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Post ID: @jnz+NlgvOaQ

Still waiting:/

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Post ID: @emt+NlgvOaQ

Nope, and I'm starting to get annoyed. It's not like they didn't know this was coming. I submitted my severance paperwork a few days after we were let go.

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Post ID: @egc+NlgvOaQ

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