Sentence examples for statutory payment from inspiring English sources

As for your redundancy package, many employers pay more than the statutory payment, particularly if you have been with the company for several years.

Quinn credits the slowing acceleration of Illinois' pension debt to Illinois making the full statutory payment to the pension systems every year and the enactment of a pension reform law in 2010, which created a "Tier 2" lower pension plan for new hires and not a boost from investments in a surging stock market.

Treatment costs little beyond their statutory payments to the system.Yet Germany's 130-year-old health-insurance system needs fixing.

The rights affected are basic unfair dismissal, redundancy, including statutory payments, and the right to ask for flexible working.

he said the Lib Dems would introduce parental leave of up 19 months on statutory payments, with fathers able to take over care of the child after six months if the mother wished to return to work.

The 130 workers being laid off from tomorrow will receive a one off payment of £100 each from the company as well as some statutory payments, said the TGWU.

However, some statutory payments such as maternity pay, and a number of disability benefits, including personal independence payments and the disability living allowance, will continue to rise by inflation.

A similar process would have to take place for the provision of the Employer Payment Summary, which includes details of statutory payments that tend to be handled by HR rather than payroll teams.

Mr. Gantelet rejected the argument, put forth by the airlines, that passengers would opt for the larger statutory payments, saying that many passengers, including most business travelers, who had meetings to attend or appointments to be kept, would not volunteer for later flights.

Just to compound the uncertainty hanging over them, it is unclear whether or not they would receive the enhanced redundancy terms they had been expecting, or merely the basic statutory payments.

Employee shareholders will also lose their right to statutory redundancy payment and to request flexible working unless they are returning from parental leave.