Verizon Tells Striking Workers It Plans to Suspend Benefits
August 16, 2011
Verizon Communications told the employees it will suspend certain benefits at the end of the month if they haven't returned to their jobs. Verizon stopped funding the workers’ pensions when their former contract expired Aug. 6, said Richard Young, a spokesman for the company. “If they’re not employed and not working for the company, we’re not going to fund their pensions,” Young said.
Verizon Tells Striking Workers It Plans to Suspend Benefits