The Company has notified the Union that they have posted 9 primary openings today for upgrade possibilities. If interested , members should make sure they have current active upgrades in for the posted positions. There are also 3 other secondary openings bringing the total to 12.
After completing the internal upgrading requirements, the Company will begin hiring individuals "off the street". The Company has already posted for 12 openings on their gecareers.com website and they are looking for new hires that have a CNC Machining background. The Company is only taking on-line applications through that site for hiring "from the street".
Members, interested in retiring under some of our contractual programs that get triggered by permanent lack of works by classification, should make sure they have the correct application on file in the GE employment office. Sometimes there are internal lack of works in one classification with hiring in another classification that can trigger these programs. It is always smart to have an active application on file regardless of whether any lack of works are anticipated during a given period - even during hiring periods such as now.
- If you are at least age 55 and under age 60 with 25 years of Pension Qualification Service (PQS) - you need to have a Special Early Retirement Option (SERO) application on file. But remember unless you are directly impacted by the reduction, you will not get most of the SERO benefits as a "substitute" and it not a good deal.in most situations.
- If you are under age 55 and have completed at least 30 years of PQS - you need to have a SERO 30 application on file. Again remember, unless you are directly impacted by the reduction, you will not get most of the SERO 30 benefits as a "substitute" and it is not a good deal in most situations.
- If you are age 60 or older and have at least 15 years of continuous service - you need to have an application in for the $18,000 Special Voluntary Layoff Bonus (SVLB) and/or the $18,000 Special Retirement Bonus (SRB) on file.(The SVLB is triggered by a reduction in force in a classification. The SRB is triggered by reductions due to transfer of work, automation and some other causes.) There is no loss of benefits whether you take the BONUS as a directly impacted individual or as a "substitute".
It has come to our attention that many members previously put in applications for the SERO/ SERO 30 but now are age 60 or over and so now are not eligible for those programs. If still interested in retirement programs, one needs to put in applications for the age 60 and over Bonus programs above which they are eligible for. None of these applications have anything to do with the contractual national Voluntary Retirement Incentive Program (VRIP) being offered next March 1, 2016. That will have a special application process and an election period to be announced at a later time.