10 Feb 2019, 21:42
10 Feb 2019, 22:46
comeracing wrote:couple of lads in our office recently got payed off iknow one was ill health just wondered how much they would have been entitle too,would they have got a lump sum and a weeks wages for every year worked,anybody got any info or figures on this matter kind regards
10 Feb 2019, 23:58
11 Feb 2019, 04:31
11 Feb 2019, 16:02
11 Feb 2019, 16:34
11 Feb 2019, 20:57
RobertT wrote:Technically EVR still is a possibility for the over 55's as far as I know.
But the terms were changed a few years ago(2015?) meaning that if the total cost to the business is more than 104 weeks pay, then it wouldn't be offered, and normal VR terms would apply instead.
I think EVR will disappear altogether when the RMPP/DBCBS is replaced by the proposed CDC pension.
Presumably both VR & IHR will remain in some form going forward, but whether the current generous terms will continue long term is questionable in my opinion.
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