S-J is right..........
In all my time at engineering I don't think that we've EVER had a guy go "V/R".
Without fail, those who go are actually made C/R (or as it's known internally VCR).
Again, as S-J said, this give all sorts of benefits ranging from the amount of tax you pay on your payout components to a better reception at Centerlink as you didn't "quit" but rather made redundant.
I don't know, but I'd also assume that C/R would also give you access to other Government benefits such as free or greatly subsidised additional training packages.
So from that point of view, I'd just about guarantee you'd get C/R, and if you're old enough to be in Qantas Division 2 Super, well there's a nice little additional package there for you if you're C/R'd
!!!!
ST