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Posted

Hello all,

I recently quit my job of 24 years.  It took them a two weeks to change my 'Employee Status' which for a whole two weeks after the day I clocked out for the last time said Employee Status: Active.  They finally changed it or maybe it finally went through, but now it says 'Employee Status: Terminated - awaiting payment.'  What does 'awaiting payment' mean?  I don't have a loan balance and they did deduct my medical payments as usual from my final check.  What does it mean, 'Terminated - Awaiting Payment'?

Posted

Who is "them", and 2 weeks to change your status where?   I can only guess Awaiting Payment means payment of your 401k balance.  But more details are needed.

4 out of 3 people struggle with math

Posted
On 3/14/2020 at 8:17 PM, Miquiztli said:

Hello all,

I recently quit my job of 24 years.  It took them a two weeks to change my 'Employee Status' which for a whole two weeks after the day I clocked out for the last time said Employee Status: Active.  They finally changed it or maybe it finally went through, but now it says 'Employee Status: Terminated - awaiting payment.'  What does 'awaiting payment' mean?  I don't have a loan balance and they did deduct my medical payments as usual from my final check.  What does it mean, 'Terminated - Awaiting Payment'?

This cannot be answered by any of us; you need to ask your (ex)employer.

Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC
President
Qualified Plan Consultants, Inc.
46 Daggett Drive
West Springfield, MA 01089
413-736-2066
larrystarr@qpc-inc.com

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