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Voluntary redundancies

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Re: Voluntary redundancies

Post by daveyeff »

couple of the younguns are using it to pay for HGV class 1 & 2. good luck to them. upto a grand a week for a class 1 driver these days. if i hadda been a lot younger i wouldve took it under those circumstances.
masterblaster
Posts: 285
Joined: 10 Sep 2010, 20:12
Gender: Male

Re: Voluntary redundancies

Post by masterblaster »

Never heard anything about how to apply for VR, RM and the union (yes I do pay every week), soon send out propaganda crap when it suits them.
So I missed applying.
Acca Dacca
Posts: 3212
Joined: 16 Aug 2009, 17:13
Gender: Male

Re: Voluntary redundancies

Post by Acca Dacca »

masterblaster wrote:
17 Jan 2023, 20:00
Never heard anything about how to apply for VR, RM and the union (yes I do pay every week), soon send out propaganda crap when it suits them.
So I missed applying.
The union advised us not to engage in the process so dont blame them
If you tolerate this, then your paid break will be next
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Re: Voluntary redundancies

Post by daveyeff »

Think the reason some of the lads did engage in it, is cos the way the jobs went this last few years...they'de simply had enough...I've spoke to a few, they say it used to be a good job but now it just feels broken and their hearts are not in it any more. I was asked why I didn't go for it, but I feel they are deliberately trying to sicken people and get them out on the cheap. I've got 2 years left till I'm state pension age....I've got no mortgage and no debt, but why the f**k should I go with less than it was...this c*** Thompson and his cronies can f**k right off. I'm not using my savings to get me to my goal. I can take 2 more years of their f***ing s**t. After being here for 30, two more will fly by.
aiden01
MAIL CENTRES/PROCESSING
Posts: 7001
Joined: 27 Feb 2013, 21:43
Gender: Male

Re: Voluntary redundancies

Post by aiden01 »

daveyeff wrote:
17 Jan 2023, 22:04
Think the reason some of the lads did engage in it, is cos the way the jobs went this last few years...they'de simply had enough...I've spoke to a few, they say it used to be a good job but now it just feels broken and their hearts are not in it any more. I was asked why I didn't go for it, but I feel they are deliberately trying to sicken people and get them out on the cheap. I've got 2 years left till I'm state pension age....I've got no mortgage and no debt, but why the f**k should I go with less than it was...this c*** Thompson and his cronies can f**k right off. I'm not using my savings to get me to my goal. I can take 2 more years of their f***ing s**t. After being here for 30, two more will fly by.
Hang in there :thumbup :thumbup
Schiff
Posts: 544
Joined: 01 Nov 2016, 22:02
Gender: Male

Re: Voluntary redundancies

Post by Schiff »

daveyeff wrote:
17 Jan 2023, 22:04
Think the reason some of the lads did engage in it, is cos the way the jobs went this last few years...they'de simply had enough...I've spoke to a few, they say it used to be a good job but now it just feels broken and their hearts are not in it any more. I was asked why I didn't go for it, but I feel they are deliberately trying to sicken people and get them out on the cheap. I've got 2 years left till I'm state pension age....I've got no mortgage and no debt, but why the f**k should I go with less than it was...this c*** Thompson and his cronies can f**k right off. I'm not using my savings to get me to my goal. I can take 2 more years of their f***ing s**t. After being here for 30, two more will fly by.
Alternatively, you could have left on VR with 24 grand tax free. Effectively you are going to work those last 2 years for your take home pay less that 24 grand that you could have had for not working at all.

Imagine if the government offered you your state pension 2 years early if you retired immediately. You would probably have snapped their hands off for less money than the current VR offer.
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Voluntary redundancies

Post by rambo1 »

Exactly, its money tax free for not actually working. Almost like retiring a year early. OK there would have been no pension contributions for a couple of years but if i were 2 yrs away with no debt, and were offered VR under current terms you wouldn't see me for dust!
RobertT
EX ROYAL MAIL
Posts: 6682
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Voluntary redundancies

Post by RobertT »

Schiff wrote:
18 Jan 2023, 09:04
daveyeff wrote:
17 Jan 2023, 22:04
Think the reason some of the lads did engage in it, is cos the way the jobs went this last few years...they'de simply had enough...I've spoke to a few, they say it used to be a good job but now it just feels broken and their hearts are not in it any more. I was asked why I didn't go for it, but I feel they are deliberately trying to sicken people and get them out on the cheap. I've got 2 years left till I'm state pension age....I've got no mortgage and no debt, but why the f**k should I go with less than it was...this c*** Thompson and his cronies can f**k right off. I'm not using my savings to get me to my goal. I can take 2 more years of their f***ing s**t. After being here for 30, two more will fly by.
Alternatively, you could have left on VR with 24 grand tax free. Effectively you are going to work those last 2 years for your take home pay less that 24 grand that you could have had for not working at all.

Imagine if the government offered you your state pension 2 years early if you retired immediately. You would probably have snapped their hands off for less money than the current VR offer.
The VR package works out as about 62 weeks take home pay for a full timer, based on a normal flat week(no OT, etc). Anything below £30k is tax free!

Which means daveyeff would then have 104 weeks to earn the equivalent of 42 weeks RM pay, to be in the same financial position, wages wise, as staying on at RM for those 2 years.
Or else tighten his belt a little and just enjoy an earlier retirement.

Personally, I'd have grabbed that with both hands! But each to their own.
Links to all RM pension related websites are here
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Voluntary redundancies

Post by rambo1 »

RobertT wrote:
18 Jan 2023, 14:17
Schiff wrote:
18 Jan 2023, 09:04
daveyeff wrote:
17 Jan 2023, 22:04
Think the reason some of the lads did engage in it, is cos the way the jobs went this last few years...they'de simply had enough...I've spoke to a few, they say it used to be a good job but now it just feels broken and their hearts are not in it any more. I was asked why I didn't go for it, but I feel they are deliberately trying to sicken people and get them out on the cheap. I've got 2 years left till I'm state pension age....I've got no mortgage and no debt, but why the f**k should I go with less than it was...this c*** Thompson and his cronies can f**k right off. I'm not using my savings to get me to my goal. I can take 2 more years of their f***ing s**t. After being here for 30, two more will fly by.
Alternatively, you could have left on VR with 24 grand tax free. Effectively you are going to work those last 2 years for your take home pay less that 24 grand that you could have had for not working at all.

Imagine if the government offered you your state pension 2 years early if you retired immediately. You would probably have snapped their hands off for less money than the current VR offer.
The VR package works out as about 62 weeks take home pay for a full timer, based on a normal flat week(no OT, etc). Anything below £30k is tax free!

Which means daveyeff would then have 104 weeks to earn the equivalent of 42 weeks RM pay, to be in the same financial position, wages wise, as staying on at RM for those 2 years.
Or else tighten his belt a little and just enjoy an earlier retirement.

Personally, I'd have grabbed that with both hands! But each to their own.
Me too ,Robert. Both feet too!
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Re: Voluntary redundancies

Post by daveyeff »

i will make more in the 2 years i have left, (60,000 from my previous 2 yrs before tax & NI) thats good enough for me and also have my NRA 65 pension to get. the way things are at the moment i dont fancy pulling out almost 300 per month in energy bills out of my VR money, i'd rather pay it out of the money i get off them weekly, with some left over to save. i'm not ready to tighten my belt yet. 2 yrs is not a life sentence, ive just done 30. :Very Happy......besides, knowing my luck, had i taken the offer, a few months down the road the MTSF gets re-instated and i would be well gutted.
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Voluntary redundancies

Post by rambo1 »

daveyeff wrote:
18 Jan 2023, 16:10
i will make more in the 2 years i have left, (60,000 from my previous 2 yrs before tax & NI) thats good enough for me and also have my NRA 65 pension to get. the way things are at the moment i dont fancy pulling out almost 300 per month in energy bills out of my VR money, i'd rather pay it out of the money i get off them weekly, with some left over to save. i'm not ready to tighten my belt yet. 2 yrs is not a life sentence, ive just done 30. :Very Happy......besides, knowing my luck, had i taken the offer, a few months down the road the MTSF gets re-instated and i would be well gutted.
So you'd sooner work pretty much 2 yrs for one yrs pay? VR would have been one yrs salary £30k (£24k tax free). You would be giving up £30k before tax and also paying more tax on your nra 65 when you get it. I know which I'd have chosen especially being debt free. How much money do you really need?
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Re: Voluntary redundancies

Post by daveyeff »

Well the way things are with the cost of living, and energy bills....you would be pulling all that out of the 24 grand. I want to use "their" money to pay for shite like that....they are getting rid of people on the cheap...had i have been 65 i wouldve took it...but they are getting rid for 12 grand per year...f**k them...it no big deal for me to graft it. Some would take it and run...fair nuff. As Robert T says....to each their own.
smartin1982
Posts: 153
Joined: 03 Sep 2020, 16:32
Gender: Male

Re: Voluntary redundancies

Post by smartin1982 »

Option one. - no work and one years pay. 40 hrs a week spare to work elsewhere part time. More energy, no stress.

Option two ~ two years work for two years pay In a s**t, back breaking , stressful and pressured job. potentially striking for another year, conditions being destroyed and worse hours coming in.

“Option two please”
mags999
Posts: 372
Joined: 25 Jun 2016, 11:05
Gender: Male

Re: Voluntary redundancies

Post by mags999 »

Must have a good waak :Very Happy :wave
woody38
EX ROYAL MAIL
Posts: 273
Joined: 19 Apr 2016, 08:38
Gender: Male

Re: Voluntary redundancies

Post by woody38 »

Don’t know anybody who was accepted for VR this time, know loads who applied but not one person was accepted