Well as long as the rules don't change we are all in good shape. If WIN
Goes bankrupt we are all hosed.
Severance Pay Plan - Windstream Benefits
PDFWindstream Benefits › uploads › 2018/01
NB-Windstream-Severance-SPD_final.pdf
Less than Two Years of Service:
If you have not yet completed two Years of Service, you are entitled to your
regular straight time weekly pay (paid for the last full week prior to your QTE),
multiplied by four.
Staff Manager or Above:
If you are a Staff Manager or above you will receive your regular straight time
weekly pay (paid for the last full week prior to your QTE), multiplied by 12.
Example:
Years of Service / Position. Weeks of Pay
Less than 1. 4
- 4
2 4
-
6
-
8
-
10
6 + 12
Staff Manager or Above. 12
In order to receive a severance benefit, you must sign and not revoke a Waiver and
General Release Agreement (“Release”) in the form designated by Windstream.
The severance benefit will be paid to you in a lump sum equal to the number of weeks of
pay represented by the severance benefit. The severance benefit shall be paid as soon as
administratively practicable following the QTE, conditioned on the Release being signed
and becoming effective.
Generally, the severance benefit will be paid to you. If you die after a QTE but before
receipt of severance pay, it will be paid to the person(s) designated in writing as
beneficiary to your severance benefit. If none exists, the payment will be made to the
beneficiary of your group life insurance or, if no beneficiary designation is on file, to your
estate.
Under certain circumstances, as described below, you may be required to repay
Windstream for part of your severance pay.
If Windstream determines that your QTE may be subject to the Worker Adjustment and
Retraining Notification Act or other similar federal, state, or local law regarding mass
separations (collectively, “WARN Act”), it will endeavor to provide at least sixty (60)
days’ notice of the QTE. Windstream may excuse you from work for all or part of the 60-
day WARN Act Notice Period and provide you with a payment or payments to satisfy any
WARN obligations (“WARN Act Notice Period Payments”). Your severance benefit may
be offset by any WARN Act Notice Period Payments you receive. If the amount of the
WARN Act Notice Period Payments you receive offsets your severance benefit to $0, you
will be offered an additional amount determined by Windstream in exchange for a signed