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  • FIRST POST
    • 50Twuncle
    • By 50Twuncle 30th Jun 18, 9:53 AM
    • 8,564Posts
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    50Twuncle
    Second Ill Heath retirement
    • #1
    • 30th Jun 18, 9:53 AM
    Second Ill Heath retirement 30th Jun 18 at 9:53 AM
    Is there anything to stop someone from claiming ill health retirement for a second time from a job ?
    I was offered ill heath retirement from a higher level job - 9 years ago and found another lower level job (totally different field / employer) after a few months - however my health has now deteriorated further and I am looking at ill health retirement from this job !!
    Is there any reason why I should not claim for a second time - as long as I satisfy all of the criteria needed ?
Page 2
    • 50Twuncle
    • By 50Twuncle 11th Jul 18, 3:11 PM
    • 8,564 Posts
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    50Twuncle
    I agree - in fact - I have a quote of only 865 !
    Hardly going to break the bank is it ?
    • LABMAN
    • By LABMAN 11th Jul 18, 7:11 PM
    • 888 Posts
    • 1,524 Thanks
    LABMAN
    I agree - in fact - I have a quote of only 865 !
    Hardly going to break the bank is it ?
    Originally posted by 50Twuncle
    Great, a really nice little windfall as you want to retire from your job. I call that a result!
    • hyubh
    • By hyubh 11th Jul 18, 9:34 PM
    • 2,256 Posts
    • 1,738 Thanks
    hyubh
    I agree - in fact - I have a quote of only 865 !
    Originally posted by 50Twuncle
    How old are you? In particular, under 55 or not...?
    • Happier Me
    • By Happier Me 11th Jul 18, 10:38 PM
    • 445 Posts
    • 992 Thanks
    Happier Me
    OP, if you took ill health retirement nine years ago at the age of 47, that makes you 56. Most councils give you access to your pension unreduced if you are made redundant after you reach 55. Do you know exactly what's on offer in terms of your pensionip, if you take redundancy?

    You are focussing on the redundancy payout only or a possible second ill health retirement when you may be being offered the equivalent of tier 3 ill health via an unreduced pension through redundancy!
    • hyubh
    • By hyubh 11th Jul 18, 10:55 PM
    • 2,256 Posts
    • 1,738 Thanks
    hyubh
    OP, if you took ill health retirement nine years ago at the age of 47, that makes you 56. Most councils give you access to your pension unreduced if you are made redundant after you reach 55. Do you know exactly what's on offer in terms of your pensionip, if you take redundancy?

    You are focussing on the redundancy payout only or a possible second ill health retirement when you may be being offered the equivalent of tier 3 ill health via an unreduced pension through redundancy!
    Originally posted by Happier Me
    Indeed, they aren't exactly the same thing, but it's part of the scheme rules that bog standard redundancies where the member is aged 55 or over lead to an automatic early retirement with no actuarial reduction (there's no employer discretion here). However, this involves an additional cost to the employer ('strain charge' paid to the pension fund), which will be factored into any offer of VR (or indeed decision to enforce CR).
    • 50Twuncle
    • By 50Twuncle 12th Jul 18, 10:07 AM
    • 8,564 Posts
    • 2,024 Thanks
    50Twuncle
    Indeed, they aren't exactly the same thing, but it's part of the scheme rules that bog standard redundancies where the member is aged 55 or over lead to an automatic early retirement with no actuarial reduction (there's no employer discretion here). However, this involves an additional cost to the employer ('strain charge' paid to the pension fund), which will be factored into any offer of VR (or indeed decision to enforce CR).
    Originally posted by hyubh



    Thanks - I am aware of both the un-reduced pension and redundancy payments
    I have asked for a quote for both and so far (over three weeks) have only received the redundancy quote
    However - given any option - I would prefer to stay working !
    I am assuming by "non-reduced" - they mean my contributions up to NOW - and not up to my NRD ?
    VR has now expired (nobody applied) - so next will be CR (but will have to be at least as much as VR)
    • hyubh
    • By hyubh 12th Jul 18, 2:35 PM
    • 2,256 Posts
    • 1,738 Thanks
    hyubh
    I have asked for a quote for both and so far (over three weeks) have only received the redundancy quote
    Originally posted by 50Twuncle
    You should chase HR on that (they will have had to request the pension figures from the scheme administrator), though principle, the pension-to-date figure shown on your last annual benefit statement + 1/49 of your pay since will given you it.

    I am assuming by "non-reduced" - they mean my contributions up to NOW - and not up to my NRD ?
    Yes - 'unreduced' in the sense that if you left and drew the pension voluntarily at that point, you would have an actuarial reduction applied since your normal pension age in the scheme is some years hence, so the pension will be paid out a lot longer than intended.

    However, not having an actuarial reduction is still 'unreduced' in a very material way - even with a (presumably) fairly short period of membership, if you would be drawing the pension 10 years early or something like that, then the strain charge could well be ten times the redundancy payment quoted.
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