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Had enough - I've taken VR

A forum for our Mail Centre, Processing and Distribution colleagues.
Darren Bent
Posts: 2150
Joined: 05 Oct 2007, 15:38
Gender: Male
Location: Pride Park, Derby, DE24 8XL

Re: Had enough - I've taken VR

Post by Darren Bent »

I am keeping eye open for it just in case it come on offer. What the chance of EVR for someone in 41 with 9 years in the job full time. (Delivery)
baldrick
EX ROYAL MAIL
Posts: 5038
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: Had enough - I've taken VR

Post by baldrick »

You wouldn't get EVR Darren, you're too young to get your pension early. It's unlikely you would get Voluntary Redundancy in Deliveries, but if you did it wouldn't be much. at 46 with 9 years service it would only be 43.125 weeks money. So unless you've got another job lined up or win the Lottery you would probably be on Job Seekers Allowance once you're down to your last £8,000. JSA is cut above that amount, and if you've got more than £16k you get nothing, as I understand it.

Because I've got a RM pension and VR lump sum I can't claim any benefits, until I reach 65 and get my State Retirement Pension. That is if the Government don't change the rules by then.
borders
Posts: 1303
Joined: 11 Sep 2007, 09:10

Re: Had enough - I've taken VR

Post by borders »

nice to read your posts Baldrick and that you are enjoying being free. !!
"why should it just be the bankers, politicians and the idle rich who get all the best things ? we demand a standard of living for our members that enables them to share in the fine wines and times that the likes of Cameron and his Eton buddies take for granted " - the late great Bob Crow RIP.
maisymoo04
Posts: 2226
Joined: 07 Apr 2010, 17:11
Gender: Male
Location: You dont want to no

Re: Had enough - I've taken VR

Post by maisymoo04 »

baldrick wrote:You wouldn't get EVR Darren, you're too young to get your pension early. It's unlikely you would get Voluntary Redundancy in Deliveries, but if you did it wouldn't be much. at 46 with 9 years service it would only be 43.125 weeks money. So unless you've got another job lined up or win the Lottery you would probably be on Job Seekers Allowance once you're down to your last £8,000. JSA is cut above that amount, and if you've got more than £16k you get nothing, as I understand it.

Because I've got a RM pension and VR lump sum I can't claim any benefits, until I reach 65 and get my State Retirement Pension. That is if the Government don't change the rules by then.
Baldrick my friend what would 40 year old with 23 years get :whistle :whistle
"Some day I will have the bottle to take the money"
baldrick
EX ROYAL MAIL
Posts: 5038
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: Had enough - I've taken VR

Post by baldrick »

maisymoo04 wrote:Baldrick my friend what would 40 year old with 23 years get :whistle :whistle
76.875 weeks VR payment.