I am 52 and want to take VRP but not eligible for it. Anyone knows if HR would bridge 3 years and give me the package? It would be hard to stay 3 more years. I will lose more than 50% of my pension if I leave before 55.
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“ I know a 54 year old who was offered VRP, so its a flexible rule!”
Dude, there is a formula baked-in whereby eligible candidates are either 55+, or turning 55 by such-and-such a date (usually corresponding to the effective date of the first retirement window )….
There exists no exceptions beyond that
What does VRP offer? I thought PepsiCo discontinued the retirement plan.
Is VRP just severance of 2 weeks for every one year in the company?
I vote to bridge out all codgers up to 6 years out....just makes sense.
I know a 54 year old who was offered VRP, so its a flexible rule!
What are they incentives to accept the VRP ?
@OP sorry, not bridging 3 years.
Good luck with that
@e3 select functions and groups. They have exclusions every time.
Are the buy outs company wide or are they selected positions ?
Someone told me before that HR may bridge up to a year. But it seems to be a hard policy now.
@a7 Yes, math is the math and you have to meet that criteria. Was S&T salaried included this time?
Sorry, the math is the math. Must be 55 on/before 08/22/26 and have at least 10 years of service.