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ill health retirement with lump sum

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stokes11eg
EX ROYAL MAIL
Posts: 3077
Joined: 20 Nov 2008, 12:51
Gender: Female

Re: ill health retirement with lump sum

Post by stokes11eg »

rave71 wrote:
rave71 wrote:
DGP1 wrote:yes, percsription only for those tablets, you should also get yourself some insoles to help rebalance your feet http://www.painfreewalking.co.uk/heel-s ... 2AodCWImuQ" onclick="window.open(this.href);return false; I'm not saying you should buy these ones but something similar (my ones cost £25 and do help).
ive got insoles specially made for me but they dont seem to do a lot thanks anyway
they sent me a lump sump figure of 34 weeks pay and 9 weeks notive pay but no shares is that right??
:shock: It depends on how long you have been with the company and in the share scheme as toi wether you get them or not. but if you still have the share pack that was sent to you originally, the advice is in the back.
easter bunny
Posts: 378
Joined: 01 Jul 2007, 20:08

Re: ill health retirement with lump sum

Post by easter bunny »

Think by memory the shares were for 6 years payable in 2011/12 so you would have to be in post by 2007....I would guess... For a full timer there worth £1100...
stokes11eg
EX ROYAL MAIL
Posts: 3077
Joined: 20 Nov 2008, 12:51
Gender: Female

Re: ill health retirement with lump sum

Post by stokes11eg »

:crazy: OOps-forgot the shares were hi jacked for your 'bonus' payments --re the agreement, so probably no pay out!
easter bunny
Posts: 378
Joined: 01 Jul 2007, 20:08

Re: ill health retirement with lump sum

Post by easter bunny »

The approx £1100 is still owed...The monies that were paid were for the payment for the next dividend...
rave71
Posts: 14
Joined: 13 May 2010, 19:08
Gender: Male

Re: ill health retirement with lump sum

Post by rave71 »

easter bunny wrote:The approx £1100 is still owed...The monies that were paid were for the payment for the next dividend...
been working for them for 6 years . so i thought i would be paid the shares, but not sure
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72714
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Re: ill health retirement with lump sum

Post by TrueBlueTerrier »

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Postal1
Posts: 183
Joined: 07 Nov 2009, 18:32
Gender: Male

Re: ill health retirement with lump sum

Post by Postal1 »

Don't RM usually pay you IHR and not with pension as the first is considered you are unlikely to do your job as a postman due to your illness.
The with pension is when you can't do the job as a postman and not fit to do any job until retirement age. Thus hard to prove if you are only fifty?
easter bunny
Posts: 378
Joined: 01 Jul 2007, 20:08

Re: ill health retirement with lump sum

Post by easter bunny »

Postal1 wrote:Don't RM usually pay you IHR and not with pension as the first is considered you are unlikely to do your job as a postman due to your illness.
The with pension is when you can't do the job as a postman and not fit to do any job until retirement age. Thus hard to prove if you are only fifty?
IHR with lump sum..in other words is RM telling you that they tell will not wait for you to recover from your illness and this is one way to get you off their books...In a few months the IHR terms will look a bit more attractive then TMA as that is going to be limited to 26 weeks pay ..compared to 34 for IHR...
madelin4
Posts: 1220
Joined: 04 Jun 2007, 16:56

Re: ill health retirement with lump sum

Post by madelin4 »

rave71 wrote:been of sick for about 5 months now, shooting pains and like a bruising pain in both feet been to specialists and gps no one seems to know whats going on just had first x ray waiting for results, while work have been trying to force me into work while off sick, seen atos and and now they want to make me retire due to ill health, but not once have they asked permission to contact any of the doctors ive been seeing are they allowed to make me retire with out looking into my condition? also if that happens and i get 34weeks pay will i be able to claim benefits or will i be expected to live on the 34weeks pay i get?

Hi, i got IHR , your condition sounds like what mine was, Plantar Fascitis :sad: Im 100% recovered now from it but it was very painful and even to drive was painful. Check out the Plantar. Good Luck. I left and now am running my own business 1.5 years now and love it :Very Happy