Thread regarding General Electric Co. layoffs

Power Packages (VJE and VRIP)

Anyone know details of these packages?

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| 3451 views | | 8 replies (last February 8, 2018) | Reply
Post ID: @OP+RCxpJTx

8 replies (most recent on top)

That’s the same package as a layoff, right? So, we’re asking for volunteers for layoff now... WTF?

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Post ID: @1gss+RCxpJTx

Any takers? Lol

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Post ID: @scf+RCxpJTx

VJE is one week for every year plus 6 months of cobra at you current employee rate. This is for non-union salary employees.

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Post ID: @xby+RCxpJTx

Is there any medical coverage included for a period of time? If so how long? Would Cobra be available and did the talk about cost?

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Post ID: @zlc+RCxpJTx

What about VJE? How is that done?

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Post ID: @bvf+RCxpJTx

I was on the call with HR. The VRIP is for emoyees that turn 60 by March 31, 2018. They also removed the 10 year service requirement.

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Post ID: @xqb+RCxpJTx

64/33

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Post ID: @ylv+RCxpJTx

What were the age and service limits for VRIP?

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Post ID: @jlt+RCxpJTx

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