Thread regarding Intel Corp. layoffs

Retirement contributions in 2017

For those of us who took the enhanced retirement package does anyone know if we get both a retirement contribution of 5% of earnings and SERPPLUS if we hit the government limit on earnings????

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| 846 views | | 3 replies (last December 20, 2016) | Reply
Post ID: @OP+KVEgn8N

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my understanding is that you would get a prorated retirement contribution until June 24 if you took ERP (that is if Intel puts 5%, you would get about half). For SERPLUS it will depend on what choice you made at the time of enrolling, you can get all of it in March 17 or over 5 years or 10 years depending on your choice at the time of enrolment

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Post ID: @1zam+KVEgn8N

Sorry, unsure how that works since I've never been over the limit. Did you try calling GoMyBen and asking them?

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Post ID: @zgi+KVEgn8N

The only thing I know is that you are now safely and sanely retired.

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Post ID: @cog+KVEgn8N

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