voluntary redundancy

[theshrew]

I ways thought that when you get your VR letter it gave you the use of a solicitor to check that everything was ok and above board, I have just had mine and no mention of a solicitor to check things over, it also says that once you sign " It is full and final settlement of any claims that you may have against RMG arising out of your employment, any one know is this right?

[Postie45]

does anyone know if RM is planning on wholescale offerings of VR at any point ?

[Deadly]

Unlikely on deliveries I'd have thought unless there is a major change in delivery methods such as dropping Saturday deliveries.

Mail centres, I'm not so sure.

[RobertT]

does anyone know if RM is planning on wholescale offerings of VR at any point ?

I recently came across a House of Commons Select Committee document online concerning the RM Statutory Pension Scheme, which said that in the year 2014/15 they’d put about £192 million aside to pay for early retirements/redundancy. But they have no plans to put aside any money during the 2015/16 tax year.

Add that to the fact that Whistl are no more and so the expected wholesale loss of letters business isn’t going to happen, at least for the time being, I think the answer to your question is probably no.

[robbiejob47]

Hi
The going rate for VR is two years pay ive been in royal mail on deliveries for 38 years and was told it would be worth 44.000

[baldrick]

Hi
The going rate for VR is two years pay ive been in royal mail on deliveries for 38 years and was told it would be worth 44.000

104 weeks is the maximum for VR payment, if the person has at least 19 years' service and is under 55.
If you are over 55 and not receiving your RM pension, you would get your pension paid immediately (slightly enhanced) plus 26 weeks VR payment.