Been waiting for a 5.0 roll out and still nothing.. The stock non Verizon 1st and 2ng gen where updated already. I can't even get a for sure from anyone at Verizon that YES you will get it. Switched from AT&T and heard from a friend that typically Verizon takes longer. I didn't think it would be this long though.
The text below has been on Motorolas site since it was released (couple months).. Everybody points finger at someone else.
This device will be upgraded to the Android 5 Lollipop release of Android, pending partner support
No finger pointing here. As a long time Moto user I can say they are on spot. Take a look at the same site and see the Moto X for Verizon. Also, you can check the support page for the Moto G on Verizon's site.