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By (user no longer on site)
over a year ago
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"just been made redundant aged 64 28 yrs service hip hip hoooray
Maybe time to update your age on your profile then?
Oops  well spotted "
Maybe they forgot.. age does that to people  |
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By *amissCouple
over a year ago
chelmsford |
"just been made redundant aged 64 28 yrs service hip hip hoooray
Maybe time to update your age on your profile then?
Oops well spotted
Maybe they forgot.. age does that to people "
Yep it does |
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By (user no longer on site)
over a year ago
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"Aww, redundancy is crap no matter how old you are. 
This person is 64 and has been paid, I would think a decent amount of redundancy and maybe was retiring at 65, so bonus for him  "
Haha i missed the hip hip hooray bit 
Hurrah then |
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By *amissCouple
over a year ago
chelmsford |
"Aww, redundancy is crap no matter how old you are.
This person is 64 and has been paid, I would think a decent amount of redundancy and maybe was retiring at 65, so bonus for him
Haha i missed the hip hip hooray bit
Hurrah then "
 |
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By (user no longer on site)
over a year ago
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"Today’s make a post and no one talk about the actual post...
There's a monster to be chased through the village!"
Are you making the post even less about the actual post?  |
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By *amissCouple
over a year ago
chelmsford |
"Today’s make a post and no one talk about the actual post...
There's a monster to be chased through the village!
Are you making the post even less about the actual post? "
Yeah, let's get back to the redundancy thing! |
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"Today’s make a post and no one talk about the actual post...
There's a monster to be chased through the village!"
You're a bit late to notice that. The first two posters have legged it a-g-e-s ago....
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By (user no longer on site)
over a year ago
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"Today’s make a post and no one talk about the actual post...
There's a monster to be chased through the village!
You're a bit late to notice that. The first two posters have legged it a-g-e-s ago....
"
I'm still here... waiting for the original poster to come back haha |
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"Today’s make a post and no one talk about the actual post...
There's a monster to be chased through the village!
Are you making the post even less about the actual post?
Yeah, let's get back to the redundancy thing! "
And the difference in 6 years. If the employer knew they'd be making a saving of 6 years, they'd be really really cross...
|
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By *amissCouple
over a year ago
chelmsford |
"Today’s make a post and no one talk about the actual post...
There's a monster to be chased through the village!
Are you making the post even less about the actual post?
Yeah, let's get back to the redundancy thing!
And the difference in 6 years. If the employer knew they'd be making a saving of 6 years, they'd be really really cross...
"
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"Today’s make a post and no one talk about the actual post...
There's a monster to be chased through the village!
You're a bit late to notice that. The first two posters have legged it a-g-e-s ago....
I'm still here... waiting for the original poster to come back haha"
So am I!
I think we've got a bit of wait. It could be as long as 6 years.
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By (user no longer on site)
over a year ago
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"Today’s make a post and no one talk about the actual post...
There's a monster to be chased through the village!
You're a bit late to notice that. The first two posters have legged it a-g-e-s ago....
I'm still here... waiting for the original poster to come back haha
So am I!
I think we've got a bit of wait. It could be as long as 6 years.
"
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By *ENGUYMan
over a year ago
Hull |
"Maybe he's not good with numbers hence why he was made redundant
Maybe he was in the finance dept and mistakenly tried to add on some VAT...
"
Unfortunately, the OP is in Hull where at the moment, a number of companies have either folded or have announced they'll close for good by the New Year. That's not including retail businesses.
Lots of workers will lose their jobs by the end of the year! |
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"just been made redundant aged 64 28 yrs service hip hip hoooray"
I hope that this is genuinely good news for you op. Enjoy your early retirement .
I took voluntary redundancy a few years back. It was the best decision I ever made. |
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By *amissCouple
over a year ago
chelmsford |
"Maybe he's not good with numbers hence why he was made redundant
Maybe he was in the finance dept and mistakenly tried to add on some VAT...
Unfortunately, the OP is in Hull where at the moment, a number of companies have either folded or have announced they'll close for good by the New Year. That's not including retail businesses.
Lots of workers will lose their jobs by the end of the year!"
On a serious note that is very sad and is happening all over, but this chap is only one year to retirement, with hopefully a nice redundancy sum |
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Redundancy can cause very mixed feelings even if it was welcomed. Colleagues can change their attitude toward you, you can feel isolated if you're one of only a few chosen and statutory redundancy pay is not the life changing sum people seem to think it is. |
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"just been made redundant aged 64 28 yrs service hip hip hoooray
I hope that this is genuinely good news for you op. Enjoy your early retirement .
"
Despite my rather cheeky comments, I am in absolute agreement with the above.
Enjoy your early retirement.
Best
Cx |
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By *amissCouple
over a year ago
chelmsford |
"just been made redundant aged 64 28 yrs service hip hip hoooray
I hope that this is genuinely good news for you op. Enjoy your early retirement .
Despite my rather cheeky comments, I am in absolute agreement with the above.
Enjoy your early retirement.
Best
Cx"
Me too Op, we both retired early and we love it and we didn't have the benefit of a nice redundancy package. Enjoy! |
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"Aww, redundancy is crap no matter how old you are.
This person is 64 and has been paid, I would think a decent amount of redundancy and maybe was retiring at 65, so bonus for him "
Yeah that’s my take on it too. Older people love being made redundant !!
All the way to the bank. Now you have time to corrrct your fab age too. |
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By (user no longer on site)
over a year ago
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"just been made redundant aged 64 28 yrs service hip hip hoooray"
Result! I'm hoping this will happen to me. I've been made redundant 3 times now. I love being paid to leave work |
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"just been made redundant aged 64 28 yrs service hip hip hoooray
Result! I'm hoping this will happen to me. I've been made redundant 3 times now. I love being paid to leave work "
Only downside is,you get reduced payment the closer you get to retirement. Which isn't right in my mind. Nevertheless...enjoy OP |
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"just been made redundant aged 64 28 yrs service hip hip hoooray
Result! I'm hoping this will happen to me. I've been made redundant 3 times now. I love being paid to leave work
Only downside is,you get reduced payment the closer you get to retirement. Which isn't right in my mind. Nevertheless...enjoy OP"
Do you? Not heard that before... |
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By (user no longer on site)
over a year ago
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"just been made redundant aged 64 28 yrs service hip hip hoooray
Result! I'm hoping this will happen to me. I've been made redundant 3 times now. I love being paid to leave work
Only downside is,you get reduced payment the closer you get to retirement. Which isn't right in my mind. Nevertheless...enjoy OP"
Really? I know statutory redundancy is capped at 20 years and I know it's more of your 41 and over. I didn't know it is reduced if you're close to retirement age though. |
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"just been made redundant aged 64 28 yrs service hip hip hoooray
Result! I'm hoping this will happen to me. I've been made redundant 3 times now. I love being paid to leave work
Only downside is,you get reduced payment the closer you get to retirement. Which isn't right in my mind. Nevertheless...enjoy OP
Do you? Not heard that before..."
It was the case when I got made redundant. Some got more than others for the same amount of service. It was down to which age group you were in. |
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Maximum statutory redundancy pay is just over £15k, the amount per week starts to taper off at 64, the maximum years a company has to pay for is 20. If you're over retirement age I think but I'm not sure that payments are reduced.
Your company can pay you more of course and if you have a company pension you are required to start claiming it if you're over 55.
Redundancy isn't always the cash cow people believe it to be. |
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By (user no longer on site)
over a year ago
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"The main thing is that the OP is happy! "
I don't know how you can tell that from the OP ..
No punctuation makes it difficult to interpret so unless the ops confirm they are happy then the statement is open to conjecture  |
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By *amissCouple
over a year ago
chelmsford |
"The main thing is that the OP is happy!
I don't know how you can tell that from the OP ..
No punctuation makes it difficult to interpret so unless the ops confirm they are happy then the statement is open to conjecture "
I interpreted it as happy when he said' hip hip hooray'...could be wrong.. |
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"Maximum statutory redundancy pay is just over £15k, the amount per week starts to taper off at 64, the maximum years a company has to pay for is 20. If you're over retirement age I think but I'm not sure that payments are reduced.
Your company can pay you more of course and if you have a company pension you are required to start claiming it if you're over 55.
Redundancy isn't always the cash cow people believe it to be."
Mmmm I’ve got 20 years service.... I think we get 1 weeks pay for every year & if 55 over can crack into our pension scheme which is one of the best.
B x |
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By *amissCouple
over a year ago
chelmsford |
"Maximum statutory redundancy pay is just over £15k, the amount per week starts to taper off at 64, the maximum years a company has to pay for is 20. If you're over retirement age I think but I'm not sure that payments are reduced.
Your company can pay you more of course and if you have a company pension you are required to start claiming it if you're over 55.
Redundancy isn't always the cash cow people believe it to be.
Mmmm I’ve got 20 years service.... I think we get 1 weeks pay for every year & if 55 over can crack into our pension scheme which is one of the best.
B x"
It was the same where I worked |
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"Maximum statutory redundancy pay is just over £15k, the amount per week starts to taper off at 64, the maximum years a company has to pay for is 20. If you're over retirement age I think but I'm not sure that payments are reduced.
Your company can pay you more of course and if you have a company pension you are required to start claiming it if you're over 55.
Redundancy isn't always the cash cow people believe it to be.
Mmmm I’ve got 20 years service.... I think we get 1 weeks pay for every year & if 55 over can crack into our pension scheme which is one of the best.
B x"
It's all on the gov't website. Over a certain age you get a week and a half up to a maximum figure. Then once you reach retirement age it goes down. You do have to take a company pension once you've reached 55 but you need to make sure it's enhanced to pay you what it would if you'd been able to work until the age you opted to retire when you took it out.
It can be extremely difficult to find work once you hit your late fifties especially if you have left a well paid job and have obligations that need a similar salary. |
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By *amissCouple
over a year ago
chelmsford |
"Maximum statutory redundancy pay is just over £15k, the amount per week starts to taper off at 64, the maximum years a company has to pay for is 20. If you're over retirement age I think but I'm not sure that payments are reduced.
Your company can pay you more of course and if you have a company pension you are required to start claiming it if you're over 55.
Redundancy isn't always the cash cow people believe it to be.
Mmmm I’ve got 20 years service.... I think we get 1 weeks pay for every year & if 55 over can crack into our pension scheme which is one of the best.
B x
It's all on the gov't website. Over a certain age you get a week and a half up to a maximum figure. Then once you reach retirement age it goes down. You do have to take a company pension once you've reached 55 but you need to make sure it's enhanced to pay you what it would if you'd been able to work until the age you opted to retire when you took it out.
It can be extremely difficult to find work once you hit your late fifties especially if you have left a well paid job and have obligations that need a similar salary."
Thank you, that makes sense  |
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