Those three postmen who were sacked for not wearing bike helmets, will they lose their pensions ?
If I, or any other postman should fall foul of the H & S rules, would we lose our pensions ?
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If you get sacked, what happens to your pension ?
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Thorby Bislam
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If you get sacked, what happens to your pension ?
Just spilt stain-remover down my shirt. Now how do I get that out?
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DGP1
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Re: If you get sacked, what happens to your pension ?
Under normal circumstances you keep whatever you've paid in but the RM portion is lost.
I'm preparing myself for the zombie invasion, rule number 1 - Cardio
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TrueBlueTerrier
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Re: If you get sacked, what happens to your pension ?
As far as I can remember its is a possibility but not a given. However, IIRC they do get back what they paid in if they are kicked out of the pension scheme.Thorby Bislam wrote:Those three postmen who were sacked for not wearing bike helmets, will they lose their pensions ?
If I, or any other postman should fall foul of the H & S rules, would we lose our pensions ?
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norbert
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Re: If you get sacked, what happens to your pension ?
better to resign sometimesTrueBlueTerrier wrote:As far as I can remember its is a possibility but not a given. However, IIRC they do get back what they paid in if they are kicked out of the pension scheme.Thorby Bislam wrote:Those three postmen who were sacked for not wearing bike helmets, will they lose their pensions ?
If I, or any other postman should fall foul of the H & S rules, would we lose our pensions ?
Last edited by norbert on 20 Jul 2009, 22:08, edited 1 time in total.
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pinstripe
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Re: If you get sacked, what happens to your pension ?
Does the RM portion go towards the office DOM's bonus or direct to :cfo ?disgruntledpostie1 wrote:Under normal circumstances you keep whatever you've paid in but the RM portion is lost.
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axeman
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Re: If you get sacked, what happens to your pension ?
Can't see it being lawful for royal fail to remove any pension that has been already paid in and would guess it's frozen without anymore benifits added until whom ever is retirement age then its paid out
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norbert
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Re: If you get sacked, what happens to your pension ?
I've seen somebody win a tribunal and RM had to put all that pension money back , I've seen someone frog - marched off by the IB with six weeks to go , he'd secreted parcels etc in the false ceiling of the gents , they never prosecuted but he lost the RM part of the pension , this is when RM were " relatively " benign though .axeman wrote:Can't see it being lawful for royal fail to remove any pension that has been already paid in and would guess it's frozen without anymore benifits added until whom ever is retirement age then its paid out
However elsewhere prior to privatization , they threw someone to the wolves to protect their sorry arses and sacked him , he took them to a tribunal and won & was reinstated . However they put him back as a new starter pension wise which seemed to be vindictive