Just looking for people’s experiences of this really, I’m only after information, it may not affect my overall decision; but may at least give me a better picture.
Anyway…
My Dad died in October, we (the family) have since sorted pretty much everything out now and all the applications are being sent off shortly to probate – he didn’t have a mass fortune to his name, quite modest, but one thing we weren’t expecting was death in service benefit. It seems that we have been offered roughly a year’s salary!
Now, as this was unexpected, it’s quite nice to know we will have this. Obviously money will never replace him, but he spent the last few years making an effort to ‘put something by for you kids’… as he said. So I know he would be delighted that we were getting a little more than expected.
However… only a year seems, well, too little. My sister, for example, will get a year’s salary for every year – Dad had worked at his place for about 3-4 years, so I don’t think it is unreasonable to expect more… is it?
To add to the equation, the company that has made the offer were the company that took over, when the previous company he worked for went into receivership, but shouldn’t his years of service before, be taken into account?
I don’t think that any new contracts were signed with the company who took over, though I will review all the paperwork I found, they simply took over paying the staff, whilst bidding for the contract (his employer is a contractor in a local business). There’s also a lot of history with the ‘now’ and ‘then’ employers, where they did not provide my Dad suitable help or assistance in managing his stress – it’s a very long story, but there are letters written by Dad’s GP to the employer; stating that his worsening health was directly linked to his stress levels at work…
So, yeah, well, anything will be nice to read – I haven’t see if there is any legislation, as I guessed death in service was specific and per-company.
Anyway…
My Dad died in October, we (the family) have since sorted pretty much everything out now and all the applications are being sent off shortly to probate – he didn’t have a mass fortune to his name, quite modest, but one thing we weren’t expecting was death in service benefit. It seems that we have been offered roughly a year’s salary!
Now, as this was unexpected, it’s quite nice to know we will have this. Obviously money will never replace him, but he spent the last few years making an effort to ‘put something by for you kids’… as he said. So I know he would be delighted that we were getting a little more than expected.
However… only a year seems, well, too little. My sister, for example, will get a year’s salary for every year – Dad had worked at his place for about 3-4 years, so I don’t think it is unreasonable to expect more… is it?
To add to the equation, the company that has made the offer were the company that took over, when the previous company he worked for went into receivership, but shouldn’t his years of service before, be taken into account?
I don’t think that any new contracts were signed with the company who took over, though I will review all the paperwork I found, they simply took over paying the staff, whilst bidding for the contract (his employer is a contractor in a local business). There’s also a lot of history with the ‘now’ and ‘then’ employers, where they did not provide my Dad suitable help or assistance in managing his stress – it’s a very long story, but there are letters written by Dad’s GP to the employer; stating that his worsening health was directly linked to his stress levels at work…
So, yeah, well, anything will be nice to read – I haven’t see if there is any legislation, as I guessed death in service was specific and per-company.
