Verizon has notified the union that it is declaring a surplus condition in 23 titles
with the force adjustment areas (FAA 1-5). This surplus condition has been determined
by the company to be a process change. The surplus titles will be offered May 9,
2017. An employee's election to leave the company and receive IPP payments must
be in writing and transmitted to the company within 15 days of the offer, May 23,
2017. Off payroll date for employees who accept the offer is June 4, 2017.
PLEASE NOTE: This offer is a regular EIPP offer, not the enhanced offer the company
may declare 1 time per year, per title.