Verizon is declaring a surplus condition in fifteen (15) titles within Force Adjustment Areas (“FAAs”) 1, 2, 3, 4, 5 and 6. To alleviate the surplus condition, the Company will invoke the Force Adjustment Plan (FAP) of the collective bargaining agreement. This surplus condition has been determined by the Company to be due to a process change,
Special EIPP offers will be tendered to those employees in the surplus titles and FAAs involved by November 11, 2025. An employee’s election to leave the service of the Company and receive Special EIPP payments must be in writing and transmitted to the Company within 15 days of the offer, in this case November 25, 2025. The off-payroll date for employees who accept the offer will be December 14, 2025.
