EDP is what you GET if you leave before 55! He will only lose out on redundancy money if he was elligible to apply for it in terms of age and trade, or is actually made redundant. I would suggest his age will mean neither of these is likely to happen!!
Biggus...isn't that what I said? I made no comment on his eligibility for redundancy, only that if he took it and went FTRS, he'd lose it. I have no idea whether his age/trade would be more or less likely to be made redundant, hence I didn't comment on that. Perhaps I should have left redundancy out of my comment entirely.
Sorry if I missed something, but I felt your 'headbang' was a little unwarranted.