Bold leap into retirement

Pat38493

I am sorely tempted to make my last day 16th April as it’s one day after the annual bonus is paid!  I verbally told them I would try to give 6 months notice, but contractually I only have to give one.  Plus I guess if I am not planning to work anymore in that type of job or role, I don’t need a reference anyway!

cloud_dog

Pat38493 said:

I am sorely tempted to make my last day 16th April as it’s one day after the annual bonus is paid!  I verbally told them I would try to give 6 months notice, but contractually I only have to give one.  Plus I guess if I am not planning to work anymore in that type of job or role, I don’t need a reference anyway!

My employer won't pay a bonus if you are under notice (I'm sure there are terms of employment that may cover this on an individual basis). 

MallyGirl

cloud_dog said:

Pat38493 said:

I am sorely tempted to make my last day 16th April as it’s one day after the annual bonus is paid!  I verbally told them I would try to give 6 months notice, but contractually I only have to give one.  Plus I guess if I am not planning to work anymore in that type of job or role, I don’t need a reference anyway!

My employer won't pay a bonus if you are under notice (I'm sure there are terms of employment that may cover this on an individual basis). 

same here. As I am on 3 months notice and bonus gets paid in June that would mean working the whole summer of 2026. I don't think I can stand to do that so will probably just work a couple of months into the tax year (if that) till daughter graduates and then be gone.

Smudgeismydog

cloud_dog said:

So, we have agreed on Friday 28 March as my last day.

Congrats @cloud_dog, I’m so very pleased for you

Pat38493

cloud_dog said:

Pat38493 said:

I am sorely tempted to make my last day 16th April as it’s one day after the annual bonus is paid!  I verbally told them I would try to give 6 months notice, but contractually I only have to give one.  Plus I guess if I am not planning to work anymore in that type of job or role, I don’t need a reference anyway!

My employer won't pay a bonus if you are under notice (I'm sure there are terms of employment that may cover this on an individual basis). 

They have told me before that the bonus is paid if you are still employed on that date, regardless whether you handed your notice in or not.

I am not sure I want to test that concept to destruction, but I think I have it in writing in my emails from one of the HR managers somewhere in my email files.

arthur_fowler

cloud_dog said:

Pat38493 said:

I am sorely tempted to make my last day 16th April as it’s one day after the annual bonus is paid!  I verbally told them I would try to give 6 months notice, but contractually I only have to give one.  Plus I guess if I am not planning to work anymore in that type of job or role, I don’t need a reference anyway!

My employer won't pay a bonus if you are under notice (I'm sure there are terms of employment that may cover this on an individual basis). 

The same with my company, UNLESS you are retiring 😊

arthur_fowler

I handed my notice in today. Will be officially retired from 1st May. I think the time will go very slowly?

Smudgeismydog

arthur_fowler said:

I handed my notice in today. Will be officially retired from 1st May. I think the time will go very slowly?

Huge congrats

Initially it went slowly for me, then the last couple of months went so fast, it’ll be here before you know it. The weather should be much better by then as well

QrizB

Congrats to @cloud_dog and @arthur_fowler !

I'm not there yet (getting closer) but we did hit a milestone recently when Mrs QrizB checked her state pension forecast and got those magic words "you cannot improve your forecast any further" which means she's paid (or been credited with) enough NI

arthur_fowler

Smudgeismydog said:

arthur_fowler said:

I handed my notice in today. Will be officially retired from 1st May. I think the time will go very slowly?

Huge congrats

Initially it went slowly for me, then the last couple of months went so fast, it’ll be here before you know it. The weather should be much better by then as well

QrizB said:

Congrats to @cloud_dog and @arthur_fowler !

I'm not there yet (getting closer) but we did hit a milestone recently when Mrs QrizB checked her state pension forecast and got those magic words "you cannot improve your forecast any further" which means she's paid (or been credited with) enough NI

Thanks both! 

I haven't had a day sick in the last 11 years but I feel a few coming on!