Thread regarding Verizon Communications Inc. layoffs

Maybe a EISP is really coming

Ok forget all the heard from wink wink nonsense.

Go on eweb, do a pension payout report. Why does the following bolded statement appear at the top ?

"This benefit calculation does not include the pension enhancements from the current special enhanced offer. Please run another pension calculation using a last day worked of 11/04/17 in order to see the enhancements from this offer."

Just saying.

I'm NJ wireline call center

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| 5584 views | | 41 replies (last September 21, 2017) | Reply
Post ID: @OP+PjkHyIW

41 replies (most recent on top)

LMAO!!

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Post ID: @4ndn+PjkHyIW

I suspect 4zhe has a hidden agenda in that silly post, that of provocateur, yet the rank and file didn't fall for it.

Nice try, troll.

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Post ID: @4pll+PjkHyIW

Is there an echo on the boards?

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Post ID: @4zhe+PjkHyIW

I suspect 4jgb has a hidden agenda in that silly post, that of provocateur. Yet the rank and file didn't fall for it.

Nice try troll.

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Post ID: @4jcy+PjkHyIW

The thing is many people view union workers as greedy sobs who care nothing about the company but rather their own hides. Meanwhile whenever there is a need for some belt tightening, it always seems it's the finance people who take it in the chin to lead by example. You don't see finance people standing around at the water cooler or caring much about breaks. They are more concerned about getting the job done. Meanwhile you've got many if not most union people getting all pissy if they are somehow deprived of a break. I've worked around both sides, so I know how it is. The union reputation is well earned.

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Post ID: @4jgb+PjkHyIW

I suspect 4tsx has a hidden agenda in that silly post, that of provocateur. Yet the rank and file didn't fall for it.

Nice try troll.

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Post ID: @4dur+PjkHyIW

@3loz is that a cut and paste comment or the only thing you ever post on here over and over and over and over again...

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Post ID: @4tsx+PjkHyIW

I suspect 2dpz has a hidden agenda in that silly post, that of provocateur. Yet the rank and file didn't fall for it.

Nice try troll.

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Post ID: @3loz+PjkHyIW

@3nrs, I think you miss the point. Nobody's going around labeling legal, regulatory, IT or finance, in such a manner. But, when it comes to besmirching the union individual, vile comments are too often the norm.

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Post ID: @3kyc+PjkHyIW

"I gotta ask, why the disdain for the union men and women that built this juggernaut of a successful network that you're now benefitting from, riding on, and deriving your income from?"

Certainly the union workers played a part, but there seems to be a myth that they are the driving force. Lots of others equally built the company, including "boring" stuff like legal, regulatory, IT and finance,

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Post ID: @3nrs+PjkHyIW

@2dpz, in reading your snarky and caustic comment:

"...those union guys are probably already drunk for the day"

I gotta ask, why the disdain for the union men and women that built this juggernaut of a successful network that you're now benefitting from, riding on, and deriving your income from?

Why the compulsion to be a hater against those who are down in the muck toiling to make a go of this?

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Post ID: @3dfi+PjkHyIW

Bring on the NORTHEAST!!!!

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Post ID: @2evf+PjkHyIW

827's list is 4 whole people... I don't see 13000 on Facebook yet, those union guys are probably already drunk for the day.

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Post ID: @2dpz+PjkHyIW

CWA 13000 put out the list!!!

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Post ID: @2vme+PjkHyIW

Upstate NY PLEASE

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Post ID: @2kxg+PjkHyIW

Wow my wife called me on lunch to tell me I have a magazine sized package from verizon at home delivered today... so the wink wink guy may have been accurate, just don't know why vz hires new people to replace those they pay to leave.. but that is Precisely what's going on right now.. youth movement???

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Post ID: @2oof+PjkHyIW

CWA 13500 got my paperwork in the mail today. SE Penna...can't take it is only have 19 years but got it.

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Post ID: @2agw+PjkHyIW

Local 827 just released another short list in Pennsylvania of the titles that are receiving an eisp. More to come?.....I hope so!

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Post ID: @2eev+PjkHyIW

These EISP offers from various locals are very limited. Surprised thought the company would want to get more people off the books.

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Post ID: @2xbg+PjkHyIW

Ibew 827 announced an eisp in NJ but it is mostly all in the northern part of the state and very limited titles.

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Post ID: @2dbp+PjkHyIW

How about the Northeast?

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Post ID: @2dci+PjkHyIW

Some titles got announcement yesterday...PA, cwa 13500

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Post ID: @2jpj+PjkHyIW

Is that all? Any other states? Many departments have a surplus of 1 person, seriously? That's crazy!

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Post ID: @2cja+PjkHyIW

Yup, just checked cwa2201 webpage and they have a list of titles being offered the eisp in Virginia, Maryland and DC. I wonder if they will offer it to other areas outside of Potomac.

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Post ID: @1anx+PjkHyIW

1st to announce special eisp cwa 2201 off payroll 11/5.

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Post ID: @1qyq+PjkHyIW

OP is correct. I saw this last year in Aug 2016 before we knew of offer, when I put a date to retire after 10/9/16. Only those with titles getting offer will see this. Sadly, I don't think my title will get it this time. Good luck all!

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Post ID: @1bac+PjkHyIW

I tried to think...but nothing happened.

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Post ID: @1jtv+PjkHyIW

Ummmmm. Did you follow the directions and rerun the calculation with 11/4/17 as the last day worked. Guess not since this is a fabrication.

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Post ID: @1kbk+PjkHyIW

@1stg

I really hope that you are right. I know that when the company has offered eisp's in the past, they didn't get the amount of people to take it that they had hoped...but this time I think they would get plenty to take it.

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Post ID: @1bho+PjkHyIW

Not sure if the offer if real or not.

But, the pension enhancements are referring to the increase in the pension band happening 1x/year in September of the current contract. When your pension band increases, your annuity increases, and the larger annuity is converted to the lump-sum.

With the EISP offer pension enhancements, it is stating someone who takes in offer in 2017 for example, would be able to have an "accelerated pension band increase" for the 2018 year. Hence, your annuity that will be converted to a lump-sum is higher prior to converting, which produces a higher lump-sum than the smaller annuity without the pension band enhancement.

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Post ID: @1stg+PjkHyIW

Exactly! That's because it's not true! I guess this person has nothing better to do than to goad others on here. How sad! An EISP would not affect the pension calculations.

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Post ID: @1cqq+PjkHyIW

What "pension enhancements" would effect your lump sum if an eisp was offered? I was under the assumption that an eisp is money that the company gives you to get you to retire and has no bearing on your lump sum buyout. Your lump sum is affected by the gatt rate, not an eisp. I just checked and I got no such bold statement on mine. I'm in NJ wireline.

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Post ID: @1mvn+PjkHyIW

I just checked...it said "no eisp for you....come back 1 year".

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Post ID: @1pqk+PjkHyIW

No wink-wink.....no eisp. I don't believe it.

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Post ID: @1wga+PjkHyIW

Sorry a-- koolaid drinking lemmings. If it came up on the eweb for 2 different people in NJ, did you maybe think not everyone is getting it. This is the first verifiable EISP rumor on this pathetic board. Notice how the troll callers and provocateurs sayers don't have the guts to say where they are from

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Post ID: @1gdu+PjkHyIW

Another lie

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Post ID: @1fps+PjkHyIW

Hope so. Tired of seeing meaningless EISP rumors on here. Like this one!

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Post ID: @1xfe+PjkHyIW

I suspect the OP has a hidden agenda in that silly post, that of provocateur. Yet the rank and file didn't fall for it.

Nice try troll.

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Post ID: @oyy+PjkHyIW

I got the same message and i am outside plant southern new jersey....check the mail soon....i hope

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Post ID: @rnl+PjkHyIW

Just checked and I do not get that verbiage when I checked-Northeast wireline

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Post ID: @qgl+PjkHyIW

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