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Are you entitled to anything if you take Voluntary Redundancy?

  • 01-10-2015 6:19pm
    #1
    Leon1990
    Registered Users, Registered Users 2 Posts: 1 ✭


    Hi,

    My Dad has just turned 60... And his company are offering redundancy for certain positions. My dad works as a forklift driver and general yard worker... it's can be physical enough... and my dad has recently hurt his back so he thinks now might be the time to go...

    He has been working with this company over 30 years so he should get a decent enough redundancy package, however chances of getting employed again are slim.

    He will be 66 before he can draw a pension and he reckons the redundancy should give him 3 years of his current wages.

    Can you draw dole or job seekers if you have taken voluntary redundancy? Are you entitled to medical card fuel allowance?

    The job he is in will continue to take a physical tole on his body, so it's weighing up the health implementations vs financially taking redundancy at 60.

    Any information, first hand experience.. anything you think you can offer I would appreciate... it's a major life decision so the more information that can be supplied the better

    Thanks for the help


Comments

  • #2
    danjo-xx
    Registered Users, Registered Users 2 Posts: 5,407 ✭✭✭danjo-xx


    Redundancy – Voluntary Redundancy

    Voluntary Redundancy occurs when an employer, faced with a situation where s/he requires a smaller workforce, asks for volunteers for redundancy. The people who then volunteer for redundancy are, if they fulfil the normal conditions, eligible for statutory redundancy. There must be a genuine redundancy situation in the first place.


    Persons who take a voluntary redundancy are entitled to claim Jobseekers Benefit, and cannot be disqualified from seeking to claim Jobseekers Benefit because they volunteered for redundancy. If you are under 55 and get a redundancy payment of more than €50,000 you can be disqualified from claiming Jobseeker's Benefit for up to 9 weeks – contact the INOU on (01) 856 0088 for more information.


    Very often voluntary redundancy offers can include an additional, or ex-gratia, payment on top of your statutory redundancy payment. If you have been offered voluntary redundancy and refuse to accept it, you may be made compulsory redundant at a later stage.



    If this occurs you may only have entitlement to receive the statutory redundancy payment, without any additional or ex-gratia payment that may have been paid to those who accepted voluntary redundancy.

    http://www.inou.ie/welfarerights/redundancy1.html

    also from the 1st of January 2021, the State Pension age will increase to 67 years of age.


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