. Also impact on my pension ,is their a formula to be applied if went at say age 58/59. I am not hopeful of a pay off just curious how these this works and what I need to do.Certainly if I do have to stay until say 67 as a foot slogger I feel RM will have cause to regret that more than me. 
I was told my job was disappearing so asked for VR have heard nothing as yet, it seems because in my area not sure about your area they have such a problem recruiting postman so my manager says, they would rather hang onto the ones they have.thewayforward wrote:Does anyone have advice or an opinion on EVR? As a postman do I have to approach HR to let them know of my ambition!! I have approached my line manager about 6 weeks ago had no response or feedback...why am I not surprised
Many thanks for your input on this subject,you just wonder what goes on and is discussed at there meetings,and what long term plans they have for each office,part time duties etc,our boss is well aware of my thoughts on what I would like,I ask him every week!RobertT wrote:Early Voluntary Retirement(EVR) was a form of redundancy for the over 55’s. You got all your accrued pension up to leaving date unreduced, plus 37.5% of what you would have got had you stayed with RM until 65.
When the MTSF rules were changed in 2015(I think), EVR was only offered if the total cost to RM was less than 104 weeks pay.
As EVR was linked to the RMPP and that is now only 1 day away from closing to future accrual, it is no longer available. Any redundancy terms will for the time being at least, still be up to a maximum of 104 weeks pay. But how long that will last is anyone’s guess.
EVR wasn’t and VR isn’t, something you can apply for. It’s usually offered by RM as part of a revision or other cost cutting procedure where they’re looking reduce staff numbers.