Crosswords4 mins ago
Right to Retirement Gift?.
21 Answers
I am retireing after 10 years service and according to my contract of employment I should receive a gift amounting to £250.
My manager has advised me because my pension will be much higher than average for the time I have been with them as I have paid for additional years service, combined with the fact I was receiving a pension from my previous employers, the fact I live at the most expensive address and always ran the best car in the workplace while working for them he feels a gift is not justified in my case.
He has also said even though the amount is detailed in my contract there is never an entitlement to a gift.
Is he right?.
Jane
My manager has advised me because my pension will be much higher than average for the time I have been with them as I have paid for additional years service, combined with the fact I was receiving a pension from my previous employers, the fact I live at the most expensive address and always ran the best car in the workplace while working for them he feels a gift is not justified in my case.
He has also said even though the amount is detailed in my contract there is never an entitlement to a gift.
Is he right?.
Jane
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Hi China Doll
My husband passed away when he was 51.
Under the terms of his pension scheme I was entitled to his full aquired pension between when he would have been 60 and 65 and then half of the pension for the rest of my life.
A few months before he would have been 60 I contacted the trustees and they told me in all other cases the widow did not want the pension when it had been a long time between the death and the payment date and he would not expect it to be paid if his wife had passed away several years before.
I did however state I would take legal action if it was not paid as it was several thousands of £'s per year and it was paid with bad feeling.
My husband paid for his pension and paid the extra for a widows pension so he obviously wanted me to have it.
I never got any of his retirement gift however,
Amy
My husband passed away when he was 51.
Under the terms of his pension scheme I was entitled to his full aquired pension between when he would have been 60 and 65 and then half of the pension for the rest of my life.
A few months before he would have been 60 I contacted the trustees and they told me in all other cases the widow did not want the pension when it had been a long time between the death and the payment date and he would not expect it to be paid if his wife had passed away several years before.
I did however state I would take legal action if it was not paid as it was several thousands of £'s per year and it was paid with bad feeling.
My husband paid for his pension and paid the extra for a widows pension so he obviously wanted me to have it.
I never got any of his retirement gift however,
Amy
Hi Factor 30.
I worked in a pensions department for a large factory and most of the workers were not exactly legal eagles and I do not think some of them really understood pensions.
We did write to ex employees about 18 months before their pensions were due for payment but we only got replies to about 70% of our first letters.
We did catch up with pensioners in most cases in a few cases a year plus after payment should have started.
Some of the pensions were £2,000 plus per year which could make the difference between a skimpy and reasonable retirement,
I even had pensioners wanting to take me for a drink or meals etc when I caught up with them.
Les
I worked in a pensions department for a large factory and most of the workers were not exactly legal eagles and I do not think some of them really understood pensions.
We did write to ex employees about 18 months before their pensions were due for payment but we only got replies to about 70% of our first letters.
We did catch up with pensioners in most cases in a few cases a year plus after payment should have started.
Some of the pensions were £2,000 plus per year which could make the difference between a skimpy and reasonable retirement,
I even had pensioners wanting to take me for a drink or meals etc when I caught up with them.
Les
My husband developed a brain tumour, he was in hospital/hospices for 6 months before he died. His company made him redundant 2 months before he died. I asked about life insurance and pensions. They assured me they had transferrred him to "Another branch so they could advertise his position) so all benefits would be paid. 2 days after he died they arrived to collect his company car. I did not receive the £42,000 lump sum life insurance that was due instead I get £11.00 per month pension. How fair isthis, I did not know where to turn so did nothing.
