Go Back   English Forum Switzerland > Help & tips > Employment  
Reply
 
Thread Tools Display Modes
  #1  
Old 20.11.2014, 13:43
cricketer's Avatar
Forum Veteran
 
Join Date: Mar 2007
Location: near zurich
Posts: 1,197
Groaned at 29 Times in 22 Posts
Thanked 1,051 Times in 427 Posts
cricketer has a reputation beyond reputecricketer has a reputation beyond reputecricketer has a reputation beyond reputecricketer has a reputation beyond reputecricketer has a reputation beyond repute
garden leave,retirement,RAV

so here's the deal......
getting close to retirement I have been placed on garden leave until the middle of next year. Not that disappointed but another 6 months would have been better.
So when that expires (in the meantime I get full salary/bonus etc) what will be the position on claiming from RAV? I have worked here for 15 years and have a C permit.
Would I be able to claim for the 2 years leading up to the official retirement age . It is most unlikely I would get a similar line of work and is compounded by some health issues also.
So am I entitled and how much do you get?
Too early at the moment to swan down to the RAV office methinks.
Reply With Quote
  #2  
Old 21.11.2014, 11:07
eng_ch's Avatar
Forum Veteran
 
Join Date: Nov 2005
Location: Up where the air is clear
Posts: 1,642
Groaned at 4 Times in 4 Posts
Thanked 1,593 Times in 811 Posts
eng_ch has a reputation beyond reputeeng_ch has a reputation beyond reputeeng_ch has a reputation beyond reputeeng_ch has a reputation beyond reputeeng_ch has a reputation beyond repute
Re: garden leave,retirement,RAV

I think you should swan down to the RAV office now anyway. If you don't pitch up as soon as you become aware of impending unemployment, they could penalise you. You won't get any money from them while you're getting money from the company however, chances are you will have enough Taggelder in hand by the time your salary ceases to cover the two years
Reply With Quote
The following 2 users would like to thank eng_ch for this useful post:
  #3  
Old 21.11.2014, 13:50
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 18,712
Groaned at 356 Times in 285 Posts
Thanked 18,415 Times in 9,939 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: garden leave,retirement,RAV

Quote:
View Post
so here's the deal......
getting close to retirement I have been placed on garden leave until the middle of next year. Not that disappointed but another 6 months would have been better.
So when that expires (in the meantime I get full salary/bonus etc) what will be the position on claiming from RAV? I have worked here for 15 years and have a C permit.
Would I be able to claim for the 2 years leading up to the official retirement age . It is most unlikely I would get a similar line of work and is compounded by some health issues also.
So am I entitled and how much do you get?
Too early at the moment to swan down to the RAV office methinks.
If your over 55, your entitled to 520 days, rather than the normal 400 days. It won't be an issue at all. You should start your job search NOW, or you may get penalised. If your a high earner you will have a 20 day waiting period before benefits are paid. You can even look for work in another country for 3 months if you wanted to,
Reply With Quote
The following 2 users would like to thank fatmanfilms for this useful post:
  #4  
Old 21.11.2014, 14:30
Ace1's Avatar
A modal singularity
 
Join Date: Sep 2011
Location: Morgins, VS (and Alsace)
Posts: 8,404
Groaned at 328 Times in 215 Posts
Thanked 13,988 Times in 6,145 Posts
Ace1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond repute
Re: garden leave,retirement,RAV

Quote:
View Post
If your over 55, your entitled to 520 days, rather than the normal 400 days
Oooh, I never knew that. Not there yet, and hopefully not gonna be sacked anytime soon anyway.

But when it comes to retirement time I could certainly see me allowing myself to be "let go" <fx:does calculations> 36 months before retirement date. Three whole years - amazing.

Last edited by Ace1; 21.11.2014 at 14:33. Reason: Forgot about notice period.
Reply With Quote
  #5  
Old 21.11.2014, 14:34
Medea Fleecestealer's Avatar
Forum Legend
 
Join Date: Jul 2011
Location: Switzerland
Posts: 21,373
Groaned at 369 Times in 284 Posts
Thanked 16,175 Times in 9,189 Posts
Medea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond repute
Re: garden leave,retirement,RAV

Quote:
View Post
If your over 55, your entitled to 520 days, rather than the normal 400 days. It won't be an issue at all. You should start your job search NOW, or you may get penalised. If your a high earner you will have a 20 day waiting period before benefits are paid. You can even look for work in another country for 3 months if you wanted to,
Is that standard fatmanfilms? I thought I saw there were some conditions attached to getting the extra 120 days if you're over 55.
Reply With Quote
  #6  
Old 21.11.2014, 17:58
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 18,712
Groaned at 356 Times in 285 Posts
Thanked 18,415 Times in 9,939 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
garden leave,retirement,RAV

Quote:
View Post
Is that standard fatmanfilms? I thought I saw there were some conditions attached to getting the extra 120 days if you're over 55.

Only condition is you worked for 18 months in previous 24.
I am on my phone so it's difficult to find the rules revision from about 18 months ago, it's clearly written without any conditions,


Quote:
View Post
Oooh, I never knew that. Not there yet, and hopefully not gonna be sacked anytime soon anyway.

But when it comes to retirement time I could certainly see me allowing myself to be "let go" <fx:does calculations> 36 months before retirement date. Three whole years - amazing.

520 days is only a little more than 2 years , 400 days being roughly 18 months
Reply With Quote
The following 3 users would like to thank fatmanfilms for this useful post:
  #7  
Old 23.11.2014, 01:18
Forum Veteran
 
Join Date: Sep 2012
Location: ZH
Posts: 716
Groaned at 5 Times in 5 Posts
Thanked 648 Times in 338 Posts
daffy99 has an excellent reputationdaffy99 has an excellent reputationdaffy99 has an excellent reputationdaffy99 has an excellent reputation
Re: garden leave,retirement,RAV

Quote:
View Post
520 days is only a little more than 2 years , 400 days being roughly 18 months
Correct to the extent that this holds for calendar days. The RAV numbers are "payout days" though, and those are on five days of a seven day calendar week (Mo-Fr).

Which gets you to roughly three years and two calendar years.
Reply With Quote
  #8  
Old 23.11.2014, 05:24
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 18,712
Groaned at 356 Times in 285 Posts
Thanked 18,415 Times in 9,939 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: garden leave,retirement,RAV

Quote:
View Post
Correct to the extent that this holds for calendar days. The RAV numbers are "payout days" though, and those are on five days of a seven day calendar week (Mo-Fr).

Which gets you to roughly three years and two calendar years.
21.7 working days a month gives 18.43 months & 23.96 months. As a year has 12 months your clearly very much mistaken.
Reply With Quote
  #9  
Old 23.11.2014, 11:09
cricketer's Avatar
Forum Veteran
 
Join Date: Mar 2007
Location: near zurich
Posts: 1,197
Groaned at 29 Times in 22 Posts
Thanked 1,051 Times in 427 Posts
cricketer has a reputation beyond reputecricketer has a reputation beyond reputecricketer has a reputation beyond reputecricketer has a reputation beyond reputecricketer has a reputation beyond repute
Re: garden leave,retirement,RAV

Appreciate the responses here. I will swan over to RAV tomorrow and try and get the details. I will report back here what the situation is to try and provide info for others for the future.
I will be actually 63 years 1 month old so will need to bridge until 65 until my pensions kick in , just 23 calendar months.
There is simply no chance of finding any similar kind of work at my age , senior manager , excellent salary . I do not fancy a taxi driver job!!
I have been offered 6000chf worth of outplacement consultancy which is a bit of a joke at my age.
Actually , and this is an important question , can you get terminated when you are in ill health? I am (and will be forever) taking medication for prostate cancer . Shit company eh!!
Reply With Quote
This user would like to thank cricketer for this useful post:
  #10  
Old 23.11.2014, 11:21
stephen_NE's Avatar
Forum Veteran
 
Join Date: Feb 2011
Location: Luzern
Posts: 1,311
Groaned at 0 Times in 0 Posts
Thanked 1,329 Times in 641 Posts
stephen_NE has a reputation beyond reputestephen_NE has a reputation beyond reputestephen_NE has a reputation beyond reputestephen_NE has a reputation beyond repute
Re: garden leave,retirement,RAV

Quote:
View Post
If your over 55, your entitled to 520 days, rather than the normal 400 days.
Very good to know, having just reached the magic number :-)
Reply With Quote
This user would like to thank stephen_NE for this useful post:
  #11  
Old 23.11.2014, 11:23
Forum Legend
 
Join Date: Sep 2006
Location: Albisrieden
Posts: 4,863
Groaned at 107 Times in 75 Posts
Thanked 7,208 Times in 2,667 Posts
nickatbasel has a reputation beyond reputenickatbasel has a reputation beyond reputenickatbasel has a reputation beyond reputenickatbasel has a reputation beyond reputenickatbasel has a reputation beyond reputenickatbasel has a reputation beyond repute
Re: garden leave,retirement,RAV

Can't you get the employer to pay up your remaining pension contributions so you can just retire? I had a couple of colleagues made redundant in the past couple of years - in their late 50s - where the employer did just that.

Cheers,
Nick
Reply With Quote
  #12  
Old 23.11.2014, 12:59
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 18,712
Groaned at 356 Times in 285 Posts
Thanked 18,415 Times in 9,939 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: garden leave,retirement,RAV

Quote:
View Post
Can't you get the employer to pay up your remaining pension contributions so you can just retire? I had a couple of colleagues made redundant in the past couple of years - in their late 50s - where the employer did just that.

Cheers,
Nick
The pension will be lower as the payout starts earlier.
Reply With Quote
  #13  
Old 23.11.2014, 13:46
cricketer's Avatar
Forum Veteran
 
Join Date: Mar 2007
Location: near zurich
Posts: 1,197
Groaned at 29 Times in 22 Posts
Thanked 1,051 Times in 427 Posts
cricketer has a reputation beyond reputecricketer has a reputation beyond reputecricketer has a reputation beyond reputecricketer has a reputation beyond reputecricketer has a reputation beyond repute
Re: garden leave,retirement,RAV

Like most ex-pats I suspect , I plan to leave Switzerland and to take my pension pot with me rather than opt for a pension. Having worked here for a long time it is quite a good sum of money. Of course it would have been better to continue to 65 but that is not now possible.
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Help please - Go on sick leave or RAV? joceline Employment 28 02.06.2019 12:02
RAV - baby sick = RAV meeting Switzerland12 Employment 7 16.09.2014 12:11
salary/job in UK during garden leave in CH? greedyboy Leaving Switzerland 6 15.11.2012 15:31
if in RAV, does your retirement pension grow? juice99 Employment 2 11.01.2012 19:55
Unpaid leave following 16 weeks maternity leave krisp Employment 6 31.08.2010 20:58


All times are GMT +2. The time now is 10:08.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0