Ill Health retirement question again

[Debbie]

If someone was offered ill health retirement how much should he/she expect to get if they had worked almost twenty years , 44 yers of age and would there be any age limit on RM offering early retirement?

[Postal1]

If someone was offered ill health retirement how much should he/she expect to get if they had worked almost twenty years , 44 yers of age and would there be any age limit on RM offering early retirement?

Someone may correct me but iirc you get a min of 34weeks and max of 104weeks. It's based on EVR i think. Plus you get so many weeks notice.
As for the age limit. No rm can decide wether to give you IER but usually it's without pension. With pension you have to prove not being fit for work until retirement or 10years from date
IER was given.

Anyhow, sure someone will give a more precise answer if i'm wrong

[fishtank]

12. ILL HEALTH RETIREMENT BENEFITS

12.1. General References to ‘normal retirement age’ below mean ‘normal retirement age for pension purposes’.

12.2 Retirement on Ill Health Grounds with Immediate Pension

Active members of the Royal Mail Pension Plan with 5 years service or more and at least two years qualifying service in the Pension Plan meeting the criteria for retirement on ill-health grounds will have their pension based on their full benefits calculated up to their last day of service plus 75% of future pensionable service up to normal retirement age.

In addition, the 75% projection of prospective service will apply equally to the widow(er)’s and children’s pensions payable in the event of death in service of an employee in accordance with the provisions outlined above.

Alternatively for active members with more than 10 years’ service, if it gives higher benefits, the enhancement will be to 20 years’ service, or by an additional six and two thirds years or up to normal retirement age if earlier. For active members with between 5 and 10 years’ service, enhancement will be to double service or up to normal retirement age if sooner and if this gives higher benefits.

Members with over 2 but less than 5 years reckonable service will receive a pension based on their full benefits calculated up to their last day of service.

Employees must be active members of the Royal Mail Pension Plan (RMPP) to receive an immediate pension under these provisions. Where an employee meets the criteria for Medical Retirement due to permanent incapacity but is not a member of the RMPP, then they will be eligible to the benefits applicable for Retirement on Ill Health Grounds with Lump Sum Payment, or if eligible and more beneficial a benefit from the discretionary company insurance scheme.

12.3 Retirement on Ill Health Grounds with Lump Sum Payment

Where an employee has at least one year’s service and meets the criteria for retirement on ill health grounds with a lump sum compensation payment, a payment equivalent to 34 weeks’ pay will be made.
A deferred pension will also be payable to all pensionable employees.


12.7 Calculation and Payment of Lump Sum Payments

The pay to be used for calculating lump sum payments is the basic weekly or monthly wage/salary of the individual’s grade (i.e. the rate of pay that they would have been in receipt of but for sickness absence or leave purchase arrangements) on the date of retirement plus any personal reserved rights payment and geographical supplement (e.g. London/RRIS) where applicable. No other elements of ‘pay’ should be included. Confirmation of inclusive elements within basic pay is available from HR Services.

Employees who are ill health retired with a lump sum will receive the payments within seven days of the end of the notice period irrespective of any appeal that may be lodged, unless they opt to defer receipt pending an appeal. If they receive the money in advance of an appeal, they will be informed at the time of payment that they will be required to pay back the lump sum, in the event that the appeal is successful and they are subsequently re-employed or gain ill health retirement with immediate payment of pension.

12.8 Annual holidays and notice periods

12.8.1 In accordance with existing provisions Annual Holiday should be taken in the year which it is due. However, in the event that an individual is unable to take their holiday entitlement due to sickness it will carry forward to the following holiday year (subject to 12.8.4 below)

12.8.2 Individuals on long term sickness absence may, with appropriate notice, take any outstanding holiday entitlement that they have, and receive normal basic pay and assigned allowances for such days.

12.8.3 Contractual annual holidays cease to accrue once full and half rate sick pay has been exhausted. They are replaced by statutory leave entitlements.

12.8.4 Where ill health retirement is authorised, the notice period will be extended to cover pro-rata contractual pay due during the leave year plus up to 5 days’ carryover leave from the previous year if appropriate.

12.8.5 The arrangements outlined within this section take precedence over any other agreed arrangements for the taking of annual holiday.

The full agreement...http://www.royalmailchat.co.uk/communit ... TH#p239540" onclick="window.open(this.href);return false;

[TeeferTiger]

So you have to have 5 year's service to get IHR?! Dammit! lol

[hunnybunny73]

If someone was offered ill health retirement how much should he/she expect to get if they had worked almost twenty years , 44 yers of age and would there be any age limit on RM offering early retirement?

my partner was exactly the same age and length of service, got around £19000 (ill health -lump sum)

[jessw99]

Hunny Bunny- can you tell me if your husband was "Retired on Ill Health Grounds with Immediate Pension" or "Retired on Ill Health Grounds with Lump Sum Payment* My husband is 45 and has 28 years service with the Royal Mail. He has been told he will be retired on ill health grounds with lump sum due to facett joint problems in his back. From what I can find out he will only be entitled to 34 weeks pay as his lump sum plus the extra bits for holiday etc. I find it difficult to believe that his 28 years service will not be taken into account! Can anyone advise me on this? Please dont link me to the "ill health 2009" document as I'm finding it too depressing! :-)

[fishtank]

Yes it's a flat 34 weeks across the board plus PILON and outstanding annual leave.
I don't even think you will get any colleagueshare money now.

[mazza111]

seems to be lots of IHR going round atm....

[General Mannerheim]

seems to be lots of IHR going round atm....

Yeah Moya said they should hurry up and decrease the surplus population.