Collegue shares ill health retirement

[Farmer18]

Just a quick question regarding the collegue shares payment that might be paid out next year. I was retired with ill health in May this year, will I still be entitled to my payout if we do get one ?

[wayoutman]

im in a simular position.

have not acted yet but i believe emailing HR would be a good starting point.

[fishtank]

The previous ihr/colleagueshare payments were always made on the basis of what they were worth at the point of leaving...that's why some who left in september last year got £1400.
As the value of the shares was nil when you left i would doubt you will receive anything even if a miracle happens and they have any value next year.
However...if the CWU manages to turn the business position around over the colleagueshares and gets us some kind of payout this year...you may be in with a shout.

[Debbie]

[quote="fishtank"]The previous ihr/colleagueshare payments were always made on the basis of what they were worth at the point of leaving...that's why some who left in september last year got £1400.
I left on iHR in october last year and only got about £300, not what I was told I would get.

[wayoutman]

cheers FT, not exactly what i wanted to hear but you do seem to put a logical edge on things.