Where an employee takes early retirement, his or her employer will not necessarily get him or her to sign a compromise agreement. In any event, as employment law solicitors we would always advise the employee to clarify the following before retiring: (i) the last working day; and (ii) all matters relating to his or her […]
Entries Tagged as 'Pension Rights'
Compromise Agreement, Early Retirement, Pension
February 13th, 2013 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Early Retirement, Employment Lawyers, Employment Solicitors, Pension Rights, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
Employment Law, Redundancy, Compromise Agreement, Liability, Full and Final Settlement
September 6th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Pension Rights, Personal Injury, Redundancies, Redundancy, Redundancy law
In redundancy situations, an employer will always enter into a compromise agreement without any admission of liability and in full and final settlement. There are two exceptions to this, which relate to (i) pension rights, and (ii) personal injury which the employee was not aware of at the time. If you need advice on the […]
Tags: Compromise Agreement·employment law·Full and Final Settlement·Liability·Redundancy
Employment Law, Redundancy, Pension Scheme
August 10th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Pension Rights, Redundancies, Redundancy, Redundancy law
As employment law solicitors, when advising clients on redundancies, we clarify that pension rights fall outside the realm of a compromise agreement. Employees should contact the trustees of the pension scheme to obtain any relevant information, such as, whether to freeze their pension or transfer the rights. For redundancy purposes, any such issues will not […]
Compromise Agreements, Pension rights, Employment law
December 17th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Pension Rights, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Your Compromise Agreement is a Binding Contract
Just a reminder that anything to do with pension rights ought to be kept out of a compromise agremeent. Some employers are including this in some of the compromise agreements that we are reviewing. If you require employment law advice especially on your compromise agreement, please contact RT Coopers at enquiries@rtcooperssolicitors.com © RT COOPERS, 2010. This Briefing Note does […]
Tags: Compromise Agreement - Compromise Agreements - Pension
Pension Contributions – After Signing Compromise Agreement
November 3rd, 2009 · 7 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitors, Pension Rights, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
As we have discussed in this blog previously, an employee’s entitlements to any benefits such as pension rights (which will not be provided for in a compromise agreement) will cease on the employee’s Termination Date (see earlier blog). Some companies are paying employees up to three months’ standard company employer pension contributions into the employee’s pension fund. As pension rights are […]
Tags: Pension Contributions - After Signing Compromise Agreement
Garden Leave – Compromise Agreements
September 13th, 2009 · No Comments · Compromise Agreements, Dismissal Before the Termination Date, Entitlement to Untaken Accrued Holidays, Garden Leave, Payment in Lieu of Notice, Pension Rights, Signing Compromise Agreements, Termination Date, Termination of Employment, Untaken Holidays, Your Compromise Agreement is a Binding Contract
There are circumstances when an employee may be placed on garden leave before the employee’s termination date and the signing of the employee’s compromise agreement. If you are an employee and you find yourself in this situation you have to ensure that, during the period you are at home outside the office, you are still […]
Early Retirement – Pension Rights – Compromise Agreements
August 21st, 2009 · No Comments · Compromise Agreements, Early Retirement, Pension Rights
You may be considering early retirement or you have already made the decision to retire early. Your employer may ask you to sign a compromise agreement. As explained in previous entries on pension rights and compromise agreements, the amount of pension you will receive and other terms pertaining to your pension will not included in […]
Tags: Early Retirement - Pension Rights - Compromise Agreements
Pension Rights – Compromise Agreements
August 19th, 2009 · No Comments · Compromise Agreements, Pension Rights, Termination Date
If you are entitled to a pension after redundancy, then this will be dealt with separately by your pension provider. Pension rights are mentioned in your compromise agreement but no details of such rights would be included in the agreement. You would still need to check that you are given the right entitlement by your […]
Warranties in Compromise Agreements Cont’d
July 1st, 2009 · No Comments · About Compromise Agreement Blog, Adviser's Certificate in Your Compromise Agreement, Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Dismissal Before the Termination Date, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Pension Rights, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Termination of Employment, Warranties, Your Compromise Agreement is a Binding Contract
We are continuing with our discussion on warranties in compromise agreements. Our previous entries explain a number of warranties that you will have to give to your employer. One of the key warranties is that: 1. You have received independent legal advice on all and any claims that you might be able to bring against […]
Warranties in Compromise Agreements Cont’d
June 24th, 2009 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, Keeping the Terms of your Compromise Agreement Confidential, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Pension Rights, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Termination Date, Termination of Employment, Warranties, Your Compromise Agreement is a Binding Contract
We are continuing with our discussion on warranties in compromise agreements. Our previous entries explain a number of warranties that you will have to give to your employer. One of the key warranties is that: 1. You have received independent legal advice on all and any claims that you might be able to bring against […]