Lambeth Council Watch - news and updates about the 'co-operative' council

Discussion in 'Brixton' started by editor, Jan 23, 2018.

  1. editor

    editor Taffus Maximus

  2. CH1

    CH1 "Red Guard"(NLYL)

    Wonder what people make of the Lambeth Pension Fund annual report?
    https://moderngov.lambeth.gov.uk/do...port 2017-18_DRAFT_19-06-2018 to Auditors.pdf

    As one who will be relying on the state old age pension without the assistance of rate-payer financed additions I can only say I'm a bit jealous - especially as the trustees seem to have achieved a 2.4% pa increase for the retired Lambeth council workers/bureaucrats/chief executives as opposed to such pleasures as the 75p state pension increase awarded by Gordon Brown in 1999!
     
  3. editor

    editor Taffus Maximus

  4. Tolpuddle

    Tolpuddle Cooperative council-my arse.

    Here is a useful little 'fiddle' that Lambeth officers get up to, not sure how far down the chain it goes, I've known a couple of people on £50k+ that have had it applied to them.

    If you manage to negotiate voluntary redundancy and are subject to three months notice you would assume that you get given your notice, work for three months and off you go.

    What actually happens is that you negotiate an unofficial date to go, however far ahead it is, possibly several months but you don't get given your notice until the day before the agreed departure date, result, three months extra salary, that'll do nicely thank you!!
     
    CH1 likes this.
  5. SpamMisery

    SpamMisery I bet you think this tagline's about you?

    Do you have any detail on that?
     
  6. Tolpuddle

    Tolpuddle Cooperative council-my arse.

    you mean do I have emails, payslips etc?? No. I know about it because I was told about it by someone who in addition to redundancy & pension lump sum also trowsered an extra three months salary when they left, having agreed the leaving date well in advance, but not receiving the actual letter until two to three days before going off into the sunset. I was told this is not unusual, I suspect that if your role is well down the food chain it doesn't happen though.
     
  7. SpamMisery

    SpamMisery I bet you think this tagline's about you?

    If they were made redundant and the letter said "as of x date", would you not normally get the normal paid notice period on top or is redundancy pay supposed to cover that as well? Did they say this was an under the table agreement or that the agreement date was formal?

    I'm only asking as this is third hand source reporting and could be mixed redundancy and gardening leave based on what you've said, or that they were tipped off about future redundancies. I guess it hangs off how formal the leaving date agreement was. If you take that bit out of the story, redundancy pay plus three months salary for a short notice termination wouldn't seem unfair.

    Not sure what the pension lump sum has to do with it though; is that not a separate matter for them and their pension provider?
     
  8. SpamMisery

    SpamMisery I bet you think this tagline's about you?

    Oh wait, this is voluntary early release. Redundancy plus notice period is normal and is not only for senior staff.
     
  9. CH1

    CH1 "Red Guard"(NLYL)

    What I wondered was exactly how many people are benefiting from these pension investments. Presumably those elite officers on £150,000 p.a. will be most concerned.
     
  10. Tolpuddle

    Tolpuddle Cooperative council-my arse.

    Not if you have an a leaving date agreed four months in advance when your notice period is three months and you only get your notice a day or so before you leave.
     
  11. SpamMisery

    SpamMisery I bet you think this tagline's about you?

    Maybe this case is different, but everything you've said would not be unusual under voluntary early release.
     
  12. Gramsci

    Gramsci Well-Known Member

    For a lot of ordinary Joe public this is all new to me. Most of us ordinary people would love to have all this.

    You dont get it. As per usual.

    Easy to see which side of the fence you are on.
     
    editor likes this.
  13. Gramsci

    Gramsci Well-Known Member

    Spam is right wing troll. Not worth bothering with.
     
    Tolpuddle and editor like this.
  14. Tolpuddle

    Tolpuddle Cooperative council-my arse.

    Indeed. a case of Lambeth officers doing some self-inflating. I'm aware of two instances a couple of years ago & I'm told it was normal. Those I know of would have cost them (Lambeth) itr of £30k.
     
    editor and Gramsci like this.
  15. editor

    editor Taffus Maximus

  16. editor

    editor Taffus Maximus

  17. CH1

    CH1 "Red Guard"(NLYL)

    snowy_again and Tricky Skills like this.
  18. Gramsci

    Gramsci Well-Known Member

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