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Voluntary redundancy and wage slip

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
BA
Posts: 14
Joined: 04 Oct 2012, 10:55
Gender: Male

Voluntary redundancy and wage slip

Post by BA »

Is there a ready reckoner or calculator for estimating Voluntary Redundancy ?

I am wondering what elements of our weekly pay are considered

On my wageslip there are 4 positive amounts followed by two negatives and at the bottom, of course , the gross pay.

The gross is reduced by 23.07 Partnership and Matching Plan that I opt into
and further by the PSE Adj RMPP (pension plan ?)

should I cancel my Partnership and matching plan to make my gross higher ?
would make a difference of about £2400 if considered for the lump sum
Dindin
Posts: 491
Joined: 29 Jul 2019, 17:19
Gender: Male

Re: Voluntary redundancy and wage slip

Post by Dindin »

BA wrote:
07 Sep 2021, 13:14
Is there a ready reckoner or calculator for estimating Voluntary Redundancy ?

I am wondering what elements of our weekly pay are considered

On my wageslip there are 4 positive amounts followed by two negatives and at the bottom, of course , the gross pay.

The gross is reduced by 23.07 Partnership and Matching Plan that I opt into
and further by the PSE Adj RMPP (pension plan ?)

should I cancel my Partnership and matching plan to make my gross higher ?
would make a difference of about £2400 if considered for the lump sum
Good luck
97gaz
EX ROYAL MAIL
Posts: 1023
Joined: 17 Dec 2008, 10:15
Gender: Male

Re: Voluntary redundancy and wage slip

Post by 97gaz »

Have you been offered VR? Is there a redundancy situation at your workplace?
BA
Posts: 14
Joined: 04 Oct 2012, 10:55
Gender: Male

Re: Voluntary redundancy and wage slip

Post by BA »

There was expected to be one this Autumn but first thing to be resolved was Shorter Working Week

that has not been actioned yet but after enquiring it is likely to be the case that there will be a full
revision of collections before the end of the financial year.
Too close to the end of the calendar year to be implemented.
All prior revisions ( in my time ) have been implemented after new year and before Easter.