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highest amount ?
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comeracing
- Posts: 806
- Joined: 28 Nov 2010, 20:58
- Gender: Male
highest amount ?
If somebody had 20 years service and was full time and got offered ill health retirement,how much would they receive,if redundancy was offered instead would it be 3 x the amount offered for ill health retirement ?
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RobertT
- EX ROYAL MAIL
- Posts: 6694
- Joined: 09 Sep 2007, 14:26
- Gender: Male
highest amount ?
IHR = 34 weeks pay plus either 9 or 12 weeks PILON depending on length of service.
VR = up to 104 weeks pay depending on age & length of service.
You can find out how much VR you might get by looking at the ready reckoner in the downloads section. Although I think the terms for both IHR & VR are currently up for negotiation.
VR = up to 104 weeks pay depending on age & length of service.
You can find out how much VR you might get by looking at the ready reckoner in the downloads section. Although I think the terms for both IHR & VR are currently up for negotiation.
Links to all RM pension related websites are here
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crazyshrew
- Posts: 584
- Joined: 19 Jun 2011, 16:58
- Gender: Female
- Location: Coastal, South West
highest amount ?
Pay In Lieu Of NoticeAlfreton wrote:What's PILON?
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nickijt32
- Posts: 10
- Joined: 27 Apr 2010, 20:50
- Gender: Female
highest amount ?
Is ihr based on current contracted hours?
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Glenno
- Posts: 1491
- Joined: 05 Jun 2007, 13:12
highest amount ?
yes m8ynickijt32 wrote:Is ihr based on current contracted hours?