Skip over navigation

Services


    News

    Redundancy payments – changes to age limits

    Date:
    6 Oct 2006

    Print friendly version

    Alongside the new age discrimination regulations that came into force from 1 October, the upper and lower age limits for redundancy pay have been changed.

    The upper age limit and lower age limits on redundancy have now been removed, and statutory redundancy is now calculated on the following basis:

    • Up to the age of 21 - 0.5 week’s pay for each completed year of service
    • 22 - 40 years of age - 1 week’s pay for each completed year of service
    • 41+ years of age - 1.5 weeks’ pay for each completed year of service.


    Related topics:

    Add a comment


    Send me an email-alert when someone comments in this discussion:

    Please remember that your name and comment will be visible to all users of the Network, and that we may edit or remove comments without notice. Terms and conditions


    This document is for general guidance and research purposes only, and does not purport to give professional advice. Please check the date at the top of the article; the Workplace Law Network retains historic articles for general research.