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 not included in a compromise agreement, if you are an employee and this has been offered to you, you will need to check your statement of your entitlements under the Pension Scheme when you receive this from the Pension Company and the available options for dealing with those entitlements.
If you have any queries, you should contact the Pension Company for further clarification.
You should also note that your employer will exclude liability in your compromise agreement in relation to payment of pension rights to you as the payment would be administered by your Pension Provider.
We are delighted.
Employment Law Team
http://www.rtcoopers.com/practice_employment.php
http://www.rtcoopers.com/faq-redundancyemployee.php
http://www.rtcoopers.com/redundancy.php
http://www.employmentlawyersinlondon.com/video.php
http://www.employmentlawyersinlondon.com
I really enjoyed reading this, cheers.
I really enjoyed reading this blog post, I was just wondering do you ever trade featured posts? I’m constantly in search of somebody to make trades with and just thought I would ask.
I continue to read blogs of this quailty, because I am trying to better my ability to write great article, this is an awesome example. I apologize, but I will be mimicking your style of writing in my work(if possible). I learn from the best and forget the rest.
last few days our group held a similar talk about this subject and you illustrate something we have not covered yet, thanks.
– Kris
Yes, as long as you quote the source using a link to ur site
I want to quote your post in my blog. It can?
And you et an account on Twitter?