Buttmonkey, the way it works with rolling up to centrelink and asking Aunty Julia for some cash is this:
Lets say you got a payout of 100k, and $75k is payment for being made redundant and $25k is the amount that your remaining leave(annual and long service) adds up to.
Lets say that the $25k leave component now works out to 18 weeks of leave.
Centrelink wont pay you any benefits until you have been out of employment for 18 weeks.
So even if you got a new job and then left that within the 18 weeks you would still have to wait out the original 18 weeks in total before payments are forthcoming.
The $75k redundancy component is of no interest to centrelink, only the leave component.
But if you are retiring then it is a whole different ball game.
One positive thing about the forced leave, your chances of staff travel are probably better now we can fly emirates. Chances are probably better for an upgrade as well, given that it is now status rather than years of service.
Last edited by Bootstrap1; 27th Mar 2013 at 07:18.