Tuesday, March 9, 2010

Redundancy, Did you know?

To be eligible for a redundancy payment under the Acts, you must satisfy the following requirements:

-You must be aged 16 or over. (Since 8 May 2007 there is no upper age limit of 66.)

-You must be in employment that is insurable under the Social Welfare Acts. Full-time employees must be paying Class A PRSI. (This insurability requirement does not apply to part-time workers)

-You must have worked continuously for your employer for at least 104 weeks over the age of 16.

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