The law says no redundancy can be affected unless the employer can pay the affected employee severance pay of not less than 15 days for each completed year of service.
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PIC complete second buy in with Qantas Airways pension actuarialpost.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from actuarialpost.co.uk Daily Mail and Mail on Sunday newspapers.
The High Court has suspended the 30 percent tax introduced on lumpsum withdrawal of retirement benefits following the amendment of the Finance Act in 2020.