Response to LGOIMA request 2023-095 23 May 2023

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Response to LGOIMA request 2023-095 23 May 2023 preview
  • Published Date Fri 28 Jul 2023
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Request for information: 

"Please provide the following information for the financial years 2020/21, 2021/22 and 2022/23: 

  • Number of employees made redundant broken down into compulsory and voluntary redundancies. Please also provide total amount of redundancy pay-outs - compulsory as well as discretionary. 
    • For each compulsory redundancy, please provide the number of cases where the employee was eligible for payment of pension. For each of these cases, please provide following: 
      • Amount paid out as statutory redundancy payment
      • Amount paid out as discretionary redundancy payment 
      • Age of the employee in bands of 5 years i.e. 55-60, 60-65, 65-70, over 70. 

For each voluntary redundancy, please provide the number of cases where the employee was eligible for payment of pension. For each of these cases, please provide following: 

    • Amount paid out as statutory redundancy payment
    • Amount paid out as discretionary redundancy payment
    • Age of the employee in bands of 5 years i.e. 50-55, 55-60, 60-65, 65-70, over 70. 

Please provide following information for all cases of where the employee was eligible for early payment of pension: 

  • Amount paid in statutory redundancy payment 
  • Amount paid out in discretionary redundancy payment 
  • Age of the employee in bands of 5 years i.e. 55-60, 60-65, 65-70, over 70,
  • Total strain cost to the pension fund for early payment of pension due to redundancy. 
    • If possible please break down this figure into strain costs due to voluntary and compulsory redundancy."
Updated July 28, 2023 at 3:25 PM