Thread regarding Intel Corp. layoffs

Has anyone taking the recent ERP/CPM/ISP/IRP gotten the "$20K medical savings" deposit?

I'm just wondering if the $20k in medical savings that was promised with the severance package was real or imaginary. I haven't heard of anyone actually getting it.

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| 1181 views | | 8 replies (last November 22, 2024) | Reply
Post ID: @OP+1vAlwza2

8 replies (most recent on top)

the payslip has severance pay bucket only, and it should match up to the accounting of all the parts: weeks of pay based on service and base pay rate + the 20K.

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Post ID: @2bsc+1vAlwza2

Has anyone retirement eligible gotten the $20k? It doesn't show up as a line item on the final payout paystub.

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Post ID: @2neo+1vAlwza2

Only available on retirement eligible

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Post ID: @1lgb+1vAlwza2

@xuu the 20k was only for employees who qualified and took ERP.

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Post ID: @jyv+1vAlwza2

Yes, it was lumped into the severance pay. Was ERP 9/30.

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Post ID: @rgo+1vAlwza2

I received my official termination notice here till end of Nov. For context I was ISP’d. Where is this $20k medical savings mentioned? Is it in the termination zipped documents? And is there a special qualifier to get it?

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Post ID: @xuu+1vAlwza2

It was lumped in with the payment, and included into the modeling xls from Circuit.

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Post ID: @kjf+1vAlwza2

Yup - got mine in October.

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Post ID: @dcv+1vAlwza2

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