Your vacation balance will be paid out the next normal paycheck after your off payroll date and the severance is above an beyond your vacation time payout and will be another payroll period after vacation is paid out at the earliest
11 replies (most recent on top)
Hi--if our last day is 12/19 and severance agreement is already signed. Do we know when we will get paid out for severance? Are we eligible to apply for unemployment before severance is paid out? I'm in Illinois.
@bj ---I spoke to HR regarding this same question. After your last day of 12/19 all PTO will be audited. Once the audit is completed you will be automatically paid out for all unused PTO. So no need to input anything in the system. Payroll will automatically do this for us. Good luck with everything as I am in the same boat as you are. This just means better is on the way.....
@a3 Be discrete.
Carry your phone. Answer in non-committal tones. Go. That'd be my advice.
What are they going to do? Launch a security investigation on you?
If I were on payroll, I'd never offer that advice to you. Off payroll? Sc--w 'em. Act like a CWA guy on their union-sponsored 5-day vacation.
@bj You should not charge and PTO time. It will automatically get paid with your last check.
The severance agreement specifically says you cannot charge PTO past your off payroll date to extend your time as an employee.
@OP appreciate the post. I asked HR but couldn't get a valid answer, maybe someone has insight. I got about 25 days of unused PTO. I know the sev pkg states to enter your remaining PTO into system at least 3 days prior to last day worked (e.g. 12/19/25).
Stupid question but assuming I’m not taking any PTO between now and last day worked, should all PTO be entered for dates after 12/19/25 and onward even though the last day worked will be 12/19/25?
@a3 what if my vacation was planned
Are you serious?
Do I need to put in my remaining vacation time into the system to get paid for them?
@a2 175% is going with 2025
I’m glad I only took one vacation day this past year
what if my vacation was planned - is it still ok to go on a vacation without taking official vacation?
That's got to be a big chunk of change!
Verizon too liberal with dolling out PTO. Likely to get way scaled back in future. At a minimum the 175% carryover provision won't last as new leadership evaluates ways to cut costs.