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RETIREMENT ON ILL HEALTH
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swintontillidie
- Posts: 97
- Joined: 18 Jul 2007, 14:14
RETIREMENT ON ILL HEALTH
Does anyone have an idea on how much you'd be offered after 38 years service I had a stroke in November and have been off sick ever since I'm contemplating returning to work however they have suggested ill health retirement.Im unsure whether I could do a walk again.However could I afford to give up my job.
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scoobydo79
- Posts: 2046
- Joined: 15 May 2011, 19:04
- Gender: Male
Re: RETIREMENT ON ILL HEALTH
I’m guessing they would offer you about a years pay if you went.
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RobertT
- EX ROYAL MAIL
- Posts: 6682
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: RETIREMENT ON ILL HEALTH
As far as I know it's a standard 34 weeks pay(tax free), plus either 9 or 12 weeks PILON(taxed) depending on service. In your case it would be 12 weeks!
If RM get their way, those terms will be reduced going forward.
If RM get their way, those terms will be reduced going forward.
Links to all RM pension related websites are here
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General Mannerheim
- EX ROYAL MAIL
- Posts: 2299
- Joined: 14 Dec 2007, 13:10
- Gender: Male
- Location: Stalag 17
Re: RETIREMENT ON ILL HEALTH
Only you can answer that last bit.swintontillidie wrote: ↑05 Jul 2022, 13:26Does anyone have an idea on how much you'd be offered after 38 years service I had a stroke in November and have been off sick ever since I'm contemplating returning to work however they have suggested ill health retirement.Im unsure whether I could do a walk again.However could I afford to give up my job.
If you've been with the company that long then you might have enough savings and with the ill health retirement payment manage to fund your retirement until the state pension kicks in.
Royal Mail managers.....about as popular as a t.urd in a swimming pool!
The DDA/Equality Act demands action,NOT words......adjustments NOT Occupational Health referrals.Case No:2505901/09
Royal Mail is an Equal Opportunities Employer..It discriminates against everybody.
The DDA/Equality Act demands action,NOT words......adjustments NOT Occupational Health referrals.Case No:2505901/09
Royal Mail is an Equal Opportunities Employer..It discriminates against everybody.
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wazer
- Posts: 357
- Joined: 17 Jan 2014, 21:20
- Gender: Male
Re: RETIREMENT ON ILL HEALTH
They could offer u driving job,just parcels but that takes its toll on your body ,In door work ,if not your office somewhere else.One of the blokes in mine is on nights now .He wishes he left. You got to work it out ,health should come first.You should have at least 7 months wages.
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aiden01
- MAIL CENTRES/PROCESSING
- Posts: 7001
- Joined: 27 Feb 2013, 21:43
- Gender: Male
Re: RETIREMENT ON ILL HEALTH
34 weeks then 12 weeks pilon. plus any leave not be far off a full years wage.wazer wrote: ↑05 Jul 2022, 17:45They could offer u driving job,just parcels but that takes its toll on your body ,In door work ,if not your office somewhere else.One of the blokes in mine is on nights now .He wishes he left. You got to work it out ,health should come first.You should have at least 7 months wages.
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97gaz
- EX ROYAL MAIL
- Posts: 1023
- Joined: 17 Dec 2008, 10:15
- Gender: Male
Re: RETIREMENT ON ILL HEALTH
It's slightly more than a years wage. A year for a full timer without overtime will probably see just under £20k put in the bank. IHR will see £21.5k put in the bank and probably a tax rebate on top.aiden01 wrote: ↑05 Jul 2022, 19:0234 weeks then 12 weeks pilon. plus any leave not be far off a full years wage.wazer wrote: ↑05 Jul 2022, 17:45They could offer u driving job,just parcels but that takes its toll on your body ,In door work ,if not your office somewhere else.One of the blokes in mine is on nights now .He wishes he left. You got to work it out ,health should come first.You should have at least 7 months wages.
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chrisrct
- Posts: 21
- Joined: 05 Feb 2012, 10:42
- Gender: Male
Re: RETIREMENT ON ILL HEALTH
Plus any leave outstanding