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Old 25.05.2019, 11:18
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Redundancy - Pension payments

Hello
I have been told that if you are made redundant and are over a certain age (60+) that there is a new regulation that has come in whereby your company is required to continue paying pension payments. Has anyone heard of this, know of a website I can check this on (I tried google with no success). Thanks in advance for any input.
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Old 25.05.2019, 11:20
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Re: Redundancy - Pension payments

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Hello
I have been told that if you are made redundant and are over a certain age (60+) that there is a new regulation that has come in whereby your company is required to continue paying pension payments. Has anyone heard of this, know of a website I can check this on (I tried google with no success). Thanks in advance for any input.
Would be nice but cannot believe that. You are entitled to more days of unemployment benefits though.
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Old 25.05.2019, 11:30
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Re: Redundancy - Pension payments

I've seen one case in Switzerland where the company took that liability as part of the redundancy package. This was a fairly senior individual in the organization. It seems rare, but doesn't hurt to ask.

I'm not aware of any new regulation.

Best of luck!
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Old 25.05.2019, 12:02
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Re: Redundancy - Pension payments

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I've seen one case in Switzerland where the company took that liability as part of the redundancy package. This was a fairly senior individual in the organization. It seems rare, but doesn't hurt to ask.

I'm not aware of any new regulation.

Best of luck!
Remember that paying a redundancy package is not required in CH, just paying the notice period in the contract.
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Old 25.05.2019, 12:31
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Re: Redundancy - Pension payments

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Hello
I have been told that if you are made redundant and are over a certain age (60+) that there is a new regulation that has come in whereby your company is required to continue paying pension payments. Has anyone heard of this, know of a website I can check this on (I tried google with no success). Thanks in advance for any input.
It's not unusual that an employer makes a one-off contribution to the pension fund. But that has more to do with decent behaviour than with legislation.
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Old 25.05.2019, 12:50
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Re: Redundancy - Pension payments

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Hello
I have been told that if you are made redundant and are over a certain age (60+) that there is a new regulation that has come in whereby your company is required to continue paying pension payments. Has anyone heard of this, know of a website I can check this on (I tried google with no success). Thanks in advance for any input.
Best person to ask is the person who told you. I have not seen any comments on it in the papers.
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Old 25.05.2019, 13:22
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Re: Redundancy - Pension payments

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It's not unusual that an employer makes a one-off contribution to the pension fund. But that has more to do with decent behaviour than with legislation.
Could also be described as an abuse of the shareholders.
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