The enhanced severance offer will be going out to all 592 members on Feb. 25th. These severance packages are being offered to all 592 members by mill seniority. The enhanced severance amount will be 1.5 times the value of your contractual severance. The total number of enhanced severance packages will be limited to the funds remaining from the previously offered retirement packages.
All 592 members will recieve a letter explaining all of the above and the contractual calculation for the severance amount. You must indicate your intention by 4 PM on March 24th 2008.