I tried to ask Verizon when they would release it and they exited the chat and refused to answer.
I was on the Verizon support forum and someone posted a chat they had with a Verizon rep who said they are trying to push it out by the end of the month. I think the post ended up being taken down by verizon for some reason. I also saw a tweet from verizon support saying they are working on the update but no release date yet. I'm on a Verizon Lumia 735 waiting for the update as well