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104 Weeks EVR Pay Stipulations

26 Mar 2019, 10:39

I am 55 and still in the Pension scheme. Will i pick 104 weeks evr if offered the package.
My colleague is 51 and still in the scheme, will he pcick up 104 weeks if offered the package.


104 Weeks EVR Pay Stipulations

26 Mar 2019, 15:31

I assume you actually mean VR – Voluntary Redundancy?

If you're offered VR what you get will depend on your age and length of service, up to a maximum of 104 weeks pay. You can work out what you might get by using this ready reckoner.

EVR is Early Voluntary Retirement and is a different thing that involves receiving an enhanced pension. But having recently re-read the CWU's 4 pillars pension agreement, I don't think it's still on the table.

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