From Human Resources information:
Last day of paid employment will be Aug. 12 for those taking the Voluntary Separation Package.
Employees will receive their normal paycheck on Aug. 14 for previous week.
Employees will receive pay for two days’ work (Aug. 11-12) on Aug. 21, plus accrued vacation and holiday pay.
Retirees get their lump sum payout on Aug. 28. Monthly pension checks begin arriving sometime in mid September, accrued amounts to Sept. 1.
Packages will be mailed to them regarding 401(k) plans and insurance benefits.
All other Voluntarily Separated Employees get the first of their weekly checks beginning Aug. 28. The remainder of their separation pay due them will come in a lump sum before Dec. 31.
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