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Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
comeracing
Posts: 806
Joined: 28 Nov 2010, 20:58
Gender: Male

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Post by comeracing »

Just an inquiry if you get made redundant or finished through ill health what are the packages are they the same for both I've heard you get a years pay + a weeks pay for every year you've worked there. Is this correct and is it taxable also will you still have your pension as well.if any one can give me figures etc much appreciated
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

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Post by k979aaa »

comeracing wrote:Just an inquiry if you get made redundant or finished through ill health what are the packages are they the same for both I've heard you get a years pay + a weeks pay for every year you've worked there. Is this correct and is it taxable also will you still have your pension as well.if any one can give me figures etc much appreciated
34 weeks pay plus 1 week for each year for the first 12 years for ill health. Redundancy depends on length of service and age could be 26 weeks pay to 104 weeks pay but is like rocking horse s**t!
Killoffs
Posts: 8
Joined: 10 Jul 2018, 19:59
Gender: Male

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Post by Killoffs »

The first £30,000 of any redundancy payoff is tax free.