Verizon 3rd Quarter 2021 Surplus Declaration

Plant and Commercial GroupsVerizon New York Inc., Verizon Services Corp., and Empire City Subway Company (Ltd.), (collectively “the Company”) are declaring a surplus condition in twenty-three (23) titles within Force Adjustment Areas (“FAAs”) 1, 2, 4, 5 and 6. To alleviate the surplus condition, the Company will invoke the Force Adjustment Plan (FAP) of the collective bargaining agreement. This surplus condition has been determined by the Company to be due to a process change. The provisions of the respective FAP Articles 8(b) and 10 will not apply in this case.If the Company uses the Enhanced Income Protection Plan (EIPP) under step three (3) of the FAP Article to alleviate the surplus, the Company will make Special EIPP offers to associates as described in Section XIV of the May 29, 2016 Memorandum of Understanding and Section VIII of the July 19, 2018 Memorandum of Understanding. Special EIPP offers will be tendered to those employees in the surplus titles and FAAs involved by August 3, 2021. An employee’s election to leave the service of the Company and receive Special EIPP payments must be in writing and transmitted to the Company within 15 days of the offer, in this case August 17, 2021. The off-payroll date for employees who accept the offer will be September 5, 2021.Click here for the surplus letter declarationClick here for the surplus titles and numbers in each title.---------------------------------VSSI groupClick here for the notification letter re VSSI group---------------------------------
VZB group