Merck's Latest Separation Pay Plan Document, In Full, Plus Exhibits -- For the 8,500 (Among Others) -- Is Now Public

Whitehouse Station just filed its SEC quarterly report.

Included in that report, as Exhibit 10 thereto, is the latest iteration of how, and what, Merck will pay the departed 8,500. That's the full ERISA-compliant, and WARN Act compliant, plan document (with calculations, dates, etc.) -- as just-filed with the SEC.

. . . .List of participating Employers:

From January 1, 2013 through May 16, 2013, all U. S. direct and indirect wholly owned subsidiaries of Merck & Co. Inc. excluding the following and their subsidiaries:

Comsort, Inc.
Inspire Pharmaceuticals, Inc.
TELERx Marketing, Inc.
Vree Health LLC
Merck Global Health Innovation Fund, LLC

From May 17, 2013, all U. S. direct and indirect wholly owned subsidiaries of Merck & Co. Inc. excluding the following and their subsidiaries:

Comsort, Inc.
TELERx Marketing, Inc.
Vree Health LLC
Merck Global Health Innovation Fund, LLC. . . .

Now you know.