The RMT are to raise concerns with LUL at Company Council level regarding the proposed CAP to leaving payments. This is likely to affect Redundancy Payments and it has also been suggested that it may also affect Pension Lump Sums.
The consultation period is now over with the Government and it looks likely that they will steamroller this Law through and it is important that the RMT challenges any changes that will or may directly affect our members to understand how this may affect our members and all implications this change in Law will have
Indicative_Exit_Payment_Regulations__for_publication__UPDATED_03.03.16