CWA Local 13500
CWA Local 13500
|
INFORMATION UPDATES
Verizon Legal and Financial Programs Core and Premium Comparisons
Amendments to the Savings and Security Plan
For those age 50 or older to make
additional tax-deferred contributions into your 401k plan above the current
maximums allowed under the plan.
If you are hired after the 15th of the month then your 6 month increase should take effect 6 months after your start rate NOT the 1st of the following month. For example, start date is November 20, 2000. Six month increase would be May 20, 2001 and not June 1, 2001. Somehow Payroll was under a "misunderstanding".
ATTENTION NEW EMPLOYEES...... If you are denied wage credit at the start
of your employment, ask your Chief Steward to review the Wage Credit Guidelines. You may
qualify for wage credit and not know it. You DON'T come into work on your own time to
do work. Nor do you work through your lunch or break to "catch up". And
you definitely don't take work home with you!
Your union dues are 1.3% of your basic wage rate and are deducted automatically from your paycheck on a weekly basis. If you choose to become a non-member/Agency Fee Payer, should you change your mind at a later date and request membership, you would be required to pay a $50.00 initiation fee. (Per Bylaws) |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
