PPRuNe Forums - View Single Post - Redundancy payout to be announced in July?
Old 2nd Jun 2004, 14:27
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QE4
 
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SBW, D4R

Just reading your discussion about whos rules to use to calculate redundancy payouts. Don't know if you guys are aware but if (and its a very big if) there are any redundancies then one would hope the RAF would use the QRs for the Royal Air Farce.

In said QRs there are very clear rates of payment for redundancy. Its a reducing scale, but if you still have 5 years to serve the payout is 1 1/2 years salery (plus any IPP already due of course).

Unfortunatly I cannot find any QRs to quote the number from but believe me its there. Will supply the reference and post a copy of it in due course if anyone is interested.

You aint seen me right.

Just found it.

Chapter 44

QR3170-3175

Here is an extract, the airmens rates are essesentially the same.

REDUNDANCY - COMPENSATION TERMS


SECTION 1 - GENERAL CONDITIONS



3170. Sponsor:SPP(Pens)

(1) Compensation for early retirement or redundancy will be payable in the circumstances specified in para 3170A.

(2) Compensation will take the form of a tax free lump sum payment known as a Special Capital Payment. The amount of the Special Capital Payment is to be calculated in accordance with paragraphs 3171 to 3174.

(3) Qualifying Service means full pay service from age 18. Reckonable Service means full pay service from age 18 for servicemen and age 21 for officers, whilst a member of the AFPS. Additionally, for the purposes of calculating the rate of pension and terminal grant, notional years of service which have been bought under the Purchase of Added Years Scheme and actual service brought into the AFPS by way of a Transfer Value may be included as reckonable, but not qualifying. Contracted out service means full pay service during which contracted out rates of National Insurance contributions were paid.

3170A

(1) An officer of the rank of Air Commodore or above may be awarded a special capital payment if on or after 18 July 2001 he is called upon to retire under paragraph 2905(4) before his normal retirement date. For these purposes, a person\'s normal retirement date is the date to which he was conditioned to serve immediately before he was called upon to retire under paragraph 2905(4).

(2) Without prejudice to clause (1), compensation will be payable in the form of a special capital payment where an officer or serviceman is made redundant under a redundancy programme declared by the Defence Council. Instructions will be issued as and when necessary on the scope of the redundancy programme, the selection procedures and the extent to which application may be made for premature release on redundancy terms.

SECTION 2 - OFFICERS SERVING ON PERMANENT COMMISSIONS



3171. Special Capital Payments. Sponsor:SPP(Pens)

(1) Subject to paragraph 3171A, the amount of the special capital payment will be equivalent to a number of months pay as follows:

(a) Officers with at least 13 years qualifying service:



Uncompleted portion of career Special capital payment (Note 1)

Years to normal retiring age / Months pay

5 or more / 18

4 / 15

3 / 11

2 / 7

1 / 3



Of course there are special arrangements for the 1150 Air Officers that we currently have in the RAF.

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