B
bbinbox1
Guest
As part of a redundancy package, I received 3 months pay in lieu of notice. This was given as a lump sum and employment terminated immediately.
I expected to make my normal pension contribution and more importantly, I expected that the company would make their normal Employer pension contributions as part of the 3 month lump sum. Neither pension contributions took place.
I understand that any period of notice(Or payment in Lieu of notice) should follow all standard terms and conditions of employment. Is the company pulling a fast one by ignoring their pension contributions as part of this figure??
I have also lost the opportunity to tax breaks by making pension contributions on the 3 month figure - This seems strange as I still had to pay 41%, yet I have lost my tax break pension entitlements.
I expected to make my normal pension contribution and more importantly, I expected that the company would make their normal Employer pension contributions as part of the 3 month lump sum. Neither pension contributions took place.
I understand that any period of notice(Or payment in Lieu of notice) should follow all standard terms and conditions of employment. Is the company pulling a fast one by ignoring their pension contributions as part of this figure??
I have also lost the opportunity to tax breaks by making pension contributions on the 3 month figure - This seems strange as I still had to pay 41%, yet I have lost my tax break pension entitlements.