I know many of you are kicking yourselves for not taking the VSP package but I want to share some positives of not taking it and getting RIF’d (assuming you get the max 35 weeks)
- had you taken it last year and had a last day of September, your insurance would now be running out at the end of this month. Instead, you have it through the end of this year and for another 7 months
- your severance pay will likely hit in 2026 making the tax impact much much smaller
- you don’t have a non compete and are can be rehired at Verizon. VSPers can never be employed by VZ or a subsidiary again
- instead of 60 weeks of pay, you essentially got 100 (granite you had to work for 65 of them. But that’s still more money in your packet than if you took the VSP)
Just wanted to provide a more positive outlook on this crummy situation. Best of luck to everyone.