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Pay deal & Retirement
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clarhick
- Posts: 15
- Joined: 21 Dec 2021, 20:26
- Gender: Female
Pay deal & Retirement
I’m due to retire in 8 weeks after 34 years. When or if a pay deal is reached will I still receive my back payment like I would have done had I not retired?
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grchpo
- Posts: 488
- Joined: 16 Mar 2019, 13:59
- Gender: Male
Re: Pay deal & Retirement
Retiring end of next week, given up on lump sum & back pay even though I supported all strikes. CWU have stretched it out so will be very surprised to get anything.
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redlen
- Posts: 1341
- Joined: 21 Dec 2021, 12:05
- Gender: Male
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chrisj
- Posts: 1883
- Joined: 21 Dec 2010, 16:24
- Gender: Male
Re: Pay deal & Retirement
The CWU have managed to save royal mail some money by dragging out the ballot. If it ends up being a Yes, many of those taking vr will have missed out and those retiring in the next few weeks too.
It has been a shower of an exercise in self-harm!
It has been a shower of an exercise in self-harm!
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timbo1234
- Posts: 312
- Joined: 17 Jun 2015, 21:14
- Gender: Male
Re: Pay deal & Retirement
Surely if the effective date is 1 April then anyone employed for the period up to their retirement date will get what is owed for that period.
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FirstPost
- Posts: 674
- Joined: 16 Aug 2018, 09:37
- Gender: Female
Re: Pay deal & Retirement
IF it is voted in then I guarantee we also get stitched up regarding no backdated pay to 1st April 23...so losing out on roughly 10-12 weeks, pittance I know but Royal Mail will probably hold this pay back aswell 
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rambo1
- EX ROYAL MAIL
- Posts: 3266
- Joined: 12 Jun 2013, 20:00
- Gender: Male
Re: Pay deal & Retirement
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Geordiepapa
- EX ROYAL MAIL
- Posts: 87
- Joined: 06 Nov 2022, 16:23
- Gender: Male
Re: Pay deal & Retirement
I'm not sure. My wife retired while the company she worked for were still in negotiations for their pay rise. When it was eventually agreed, she emailed their HR department and asked for the amount she was due be paid to her as she was still in their employment for some of that time. The company agreed and she was paid the amount t of the rise, pro rata.
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rambo1
- EX ROYAL MAIL
- Posts: 3266
- Joined: 12 Jun 2013, 20:00
- Gender: Male
Re: Pay deal & Retirement
Bett that company wasn't Royal Mail though.
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sweepster70
- Posts: 500
- Joined: 24 Jul 2017, 23:16
- Gender: Male
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timbo1234
- Posts: 312
- Joined: 17 Jun 2015, 21:14
- Gender: Male
Re: Pay deal & Retirement
That is also what I found out from various sources including Citizens Advice. If you were employed when a pay rise took effect but have since left you can claim back pay till the the day your employment stopped. So if the pay rise is wef 1 Apr and the retirement date is 1 July you can claim three months back pay.Geordiepapa wrote: ↑15 May 2023, 21:28
I'm not sure. My wife retired while the company she worked for were still in negotiations for their pay rise. When it was eventually agreed, she emailed their HR department and asked for the amount she was due be paid to her as she was still in their employment for some of that time. The company agreed and she was paid the amount t of the rise, pro rata.
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timbo1234
- Posts: 312
- Joined: 17 Jun 2015, 21:14
- Gender: Male
Re: Pay deal & Retirement
That is also what I found out from various sources including Citizens Advice. If you were employed when a pay rise took effect but have since left you can claim back pay till the the day your employment stopped. So if the pay rise is wef 1 Apr and the retirement date is 1 July you can claim three months back pay.Geordiepapa wrote: ↑15 May 2023, 21:28
I'm not sure. My wife retired while the company she worked for were still in negotiations for their pay rise. When it was eventually agreed, she emailed their HR department and asked for the amount she was due be paid to her as she was still in their employment for some of that time. The company agreed and she was paid the amount t of the rise, pro rata.
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Jefferson Starfish
- Posts: 902
- Joined: 12 Aug 2011, 15:32
- Gender: Female
- Location: Greendale DO
Re: Pay deal & Retirement
I seem to remember the last pay agreement had a cut off date. If you were employed by rm after that date you were entitled to back pay, if you'd left beforehand, you weren't.
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Marshamp11
- Posts: 437
- Joined: 06 Aug 2018, 16:38
- Gender: Male
Re: Pay deal & Retirement
Delay retirement for a few weeks until everything is settled and paid out then give a weeks notice and enjoy your well deserved retirement years.Jefferson Starfish wrote: ↑15 May 2023, 22:36I seem to remember the last pay agreement had a cut off date. If you were employed by rm after that date you were entitled to back pay, if you'd left beforehand, you weren't.