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EVR

Introduce yourself to the RMC community.Introductions only please, use the other forums for your query if you have one. This is an open forum.
cheesecake
Posts: 4
Joined: 30 Jul 2014, 08:29
Gender: Female

EVR

Post by cheesecake »

:Very Happy :Very Happy
Last edited by cheesecake on 25 Aug 2014, 20:54, edited 1 time in total.
baldrick
EX ROYAL MAIL
Posts: 5038
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: EVR

Post by baldrick »

Just 26 VR payment weeks plus whatever pension has accrued from your workplace pension payments, which won't be much as it only started last year.
You might get a bigger VR payment, depending on your length of service which you haven't given, if you opt out of the new workplace pension.
cheesecake
Posts: 4
Joined: 30 Jul 2014, 08:29
Gender: Female

Re: EVR

Post by cheesecake »

:Very Happy :Very Happy
Last edited by cheesecake on 25 Aug 2014, 20:55, edited 1 time in total.
baldrick
EX ROYAL MAIL
Posts: 5038
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: EVR

Post by baldrick »

With 34 years service you would get the maximum 104 weeks VR payment if you weren't still paying into an RM pension.

I'm not a pension adviser and you need to make your own decision based on your circumstances, but you might want to contact the Pensions Centre and consider whether it's worth opting out of the RM pension. I am assuming that it is the RM Workplace Pension that everyone was automatically enrolled into last January. So it isn't going to be much, but the Pensions Centre should be able to tell you how much it is likely to be.
senior
Posts: 2
Joined: 21 Dec 2014, 14:33
Gender: Male

Re: EVR

Post by senior »

Hi there
Can anyone confirm for me what my managers tells me - that EVR is only offered to full time staff ?? Seems a bit unfair if so ?
baldrick
EX ROYAL MAIL
Posts: 5038
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: EVR

Post by baldrick »

If VR/EVR is offered, it should be offered to everyone FT or PT, it will be on seniority though. It would probably be discrimination if it wasn't. In my former MC it was offered to PT staff as well as FT.