Dear IP – Update on ERA by the Redundancy Payments Service

November 5, 2021 (2)

Dear IP – Update on ERA by the Redundancy Payments Service

05 Nov, 2021

Dear IP Publication – Update on Employment Protection Act by the Redundancy Payments Service Company Rescue and Employment Contracts The purpose of this article is to provide guidance on issues arising from paras. 37 and 38 of Schedule B1 to the Insolvency Act 1986, where an administration order is made..

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RPS & Directors claims at less than National Minimum Wage

05 Nov, 2021

Unlike in the past, Directors redundancy claims will no longer be automatically be uplifted to national minimum wage (NMW) unless the Insolvency Practitioner (IP) agrees the uplift. However, here at CFS Redundancy Payments Ltd, we will continue to process directors redundancy claims at never less than the national minimum wage..

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