WFbasicLogo

April 19, 2021

Subject:   Annual Re-Enrollment in the Dependent Care Reimbursement Fund

Dear Dependent Care Reimbursement Fund Participant,

The New England Work and Family Committee would like to remind all participants that in order to continue participating in the Dependent Care Reimbursement Fund, you must re-enroll in the program by May 30, 2021.  

To re-enroll you will need to complete a new application and submit a copy of your 1040 federal tax return, including 2441 form, for year 2020 and your W-2 for year 2020 and your spouse’s 1040 and W2 for 2020 if applicable. Please void out social security numbers. If you have any question please feel free to contact the New England Work and Family Staff. 

Following are some, but not all, eligibility requirements:

Total household income must be less than $150,000.

Dependents must be listed on your tax return.

You pay for care in order to work.

You and your spouse must work during the hours you need care.

Provider must be one of the following: legally operating, licensed, a relative or appropriate in-home care.

You can obtain an application and fund guidelines by going to www.newenglandworkandfamily.com or you may email us at newenglandworkandfamily@verizon.com. Please check out the website for additional program offerings and promotion items.

Sincerely,

The New England Work and Family Committee

43 West St.

Gardner MA 01440

I got Stock Together. Where do I see my grant?

Visit www.NetBenefits.com/Verizon to keep track of your Stock Together awards.

You will need to go to www.NetBenefits.com/Verizon to view your Stock Together award. You must activate your account once you receive your first grant. The terms and conditions of your Stock Together award are set forth in your Grant Notice, which you can access by logging into your Fidelity account.

I got Stock Together. What will I receive?

Eligible employees will receive an award of RSUs in a fixed dollar amount based on their job level, work location, and scheduled hours on the grant date. The award value for wireline associates is based on eligibility to participate in a Verizon pension plan.

The actual number of RSUs each employee will receive will be determined by dividing the employee’s fixed dollar amount by the closing price of a share of Verizon common stock on the grant date. For example, if your award amount is $2,000 and Verizon’s closing price on the grant date is $60.00, you will receive 34 RSUs – $2,000 / $60.00 = 33.333 units rounded up to the nearest whole unit = 34 RSUs. Eligible international employees will receive a cash bonus opportunity that will be based on and will track the value of RSUs.

The actual value of your payout depends upon the closing price of Verizon’s common stock on each of the vesting dates in year 1, year 2, and year 3, subject to any tax withholding obligations and legally required deductions.

https://www.verizon.com/about/careers/stock-together#What-Is-Stock-Together

As a result of the current COVID-19 outbreak, through January 31, 2021 certain Associates designated by management by title, location and work group shall home garage their Company-provided vehicle. The wages, benefits and other terms and conditions of employment of each Associate designated to home garage will continue to be governed by the applicable collective bargaining agreement.
Each Associate designated to home garage will begin their work tour when they dispatch from their home and will end their work tour when they close the last job of the day from their home. While home garaging, the Associate must comply with all Company rules and policies.
This agreement is without prejudice or precedent to any position that any party to this agreement may wish to take in any other proceeding involving any matter. This agreement, and the underlying facts related to this agreement, shall not be cited by any party in any proceeding in any forum including, but not limited to, any arbitration or matter before any federal, state or local court or administrative agency, involving any matter, except as necessary to enforce the terms of this agreement.


Health Care Credit
Don’t miss out on your opportunity to earn a full $100 credit on your 2021 medical plan contributions. All you need to do is complete one of the five healthy actions belowOne of these actions must be completed, even if you have completed the Health Assessment in previous years. 

  • Get a biometric screening either at home or at a Quest Patient Service Center. If you’ve already ordered the at-home kit, now’s the time to return it. To schedule, go to My Health Vault on WellConnect and click on the left column to sign in to Quest.
  • Participate in a volunteer activity in your local community. Visit the Verizon Volunteer Portal to get ideas, or choose a volunteer activity that’s important to you.
  • Participate in WebMD Coaching to start an achievable plan created by an expert coach.
  • Complete a WebMD Health Assessment in a few minutes online and learn how to improve your health. If you’ve previously taken a Health Assessment, you’ll need to either complete a new one or complete one of the four other healthy actions.
  • Choose a Primary Care Physician or complete an annual wellness visit to get the most from your health benefits, including yearly checkups, screenings and immunizations. If you already have a PCP, then you can complete an annual wellness visit with your healthcare provider.

To get started, go to the Verizon HealthZone and log in with your username and password. Then select Wellness Incentives in the top navigation. If you need help resetting your username and password, contact WebMD Customer Service at 1.855.326.5097. Select option 1 for Customer Service, then press 0 to speak with a representative.  

If you have questions, please contact the Verizon Wellness Team.

NOTES:

Please allow up to 5 business days for your $100 wellness credit to be reflected on your annual benefits summary.

You’re eligible to receive a $100 wellness credit once, whether you complete one or more of the five healthy actions. 
 

  • To ensure your credit is reflected in your first check of 2021, you must complete one of the above actions no later 12/1/20
  • If you complete the action after 12/1/20 but before 12/31/20 you will receive full credit for 2021, but this will not be reflected in the first few pay periods.
  • Actions completed in 2021 will result in a prorated credit.