Amtrak
special employee advisory
October 31, 2011

> Amtrak Offers Non-Agreement-Covered Employees Voluntary Separation
> Incentive Plan
>
> Starting next week, Amtrak will be offering non-agreement-covered
> employees a Voluntary Separation Incentive Payment in order to
> better allocate its resources and align the structure of the
> company in accordance with its Strategic Plan and within the
> financial realities it faces.
>
> Non-agreement employees with at least one year of service may elect
> to participate in the VSIP, starting Nov. 7 through Nov. 25. A
> letter will be emailed and mailed to the homes of all non-agreement
> employees today, outlining the specifics of the VSIP and associated
> benefits.
>
> Because the realignment will result in a reduction in the number of
> non-agreement employees across all departments, the VSIP is being
> offered as a way to lessen the impact of future involuntary
> separations. The realignment is expected to occur throughout FY
> 2012. If the cost-reduction and organizational expectations are not
> achieved, a Reduction in Force will take place in January 2012. The
> severance packages offered as part of any future involuntary
> Reduction in Force will not be as generous as those being offered
> in the VSIP.
>
> Please note that employees who elect to participate in the VSIP and
> possess agreement seniority in a craft may be eligible to return to
> the craft, in accordance with the applicable collective bargaining
> agreement.
>
> Amtrak retains the right to disallow participation of an eligible
> non-agreement employee to ensure that the business is not adversely
> affected.
>
> Posted on the Amtrak intranet home page under “Employee Info,” the
> Strategic Plan aligns organizational efforts, prioritizes resource
> allocation, and measures performance against goals and strategies
> to better financially and strategically position the company.