I've been trying to find the info, but have not been successful so far. Any information would be highly appreciated.
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Slb also gives you some money To help you pay cobra. If you have a pension you are pretty much forced to take it if you want retiree health insurance. So no unemployment if you take pension. No retiree health care if you don't take pension. Laid off last year and it's been ok. They contracted with me for several months work each year so making ends meet with pension and other contract work til full SS and another pension kicks in 2 years. Still have 2 in college and 1 in graduate school - advising none to go into oil & gas. However it provided a nice life while it lasted.
Your contract will tell you. No better place.
1 weeks pay per year of service = 26-23 weeks max for salaried . 1 week pay per year of service = 16-13 weeks max for hourly . And you get to claim unemployment. SLB can take away the years of service pay.