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Started by surlaroute, 10-09-23, 11:20PM
Quote from: grim up north on 14-09-23, 02:59PMSo what is the point people are trying to get across about resigning rather than get sacked? What difference is there pension wise?
Quote from: penguin on 14-09-23, 05:53PMBeing sacked has no effect on any Tesco pension, this is another of the old Tesco myths that still does the rounds, a bit like everyone has to do Boxing or New Years day, or three lets talks results in a warning being issued.
Quote from: MerchMan007 on 15-09-23, 02:47PMYes , Grim Up North , you're missing something . The company's contribution to your pension stops when you leave (for whatever reason) but their previous contributions remain "in your pot"
Quote from: The Guvnor on 14-09-23, 08:53PMQuote from: grim up north on 14-09-23, 02:59PMSo what is the point people are trying to get across about resigning rather than get sacked? What difference is there pension wise?In some cases, some companies may/will decide to take back the money that they have paid into your personnel pension pot, however they are not allowed to take back your contributions. Obviously this will have a significant impact on someone's retirement planning.Someone I worked with at a company after Tesco, had been caught defrauding the company he had worked for for over 25 years and he was dismissed. The company also clawed back their contributions to his pension. I believe that companies are allowed to do this.Better to walk away with your head held high. If you resign, it is the last piece of paper on your file and helps with a future reference for employment.
Quote from: grim up north on 15-09-23, 12:46PMSo resigning or being sacked has no affect on the pension? Other replies have said but employer contributions will stop. Am I missing something here? Where do you get a pension from a company where the company pays into it even though you don't work there(for whatever reason)?
Quote from: surlaroute on 17-09-23, 10:52PMupdate: lol, I'm cracking up how this thread turned mostly into a discussion about pensions. I love it also.
Quote from: grim up north on 19-09-23, 05:22PMQuote from: surlaroute on 17-09-23, 10:52PMupdate: lol, I'm cracking up how this thread turned mostly into a discussion about pensions. I love it also. I thought after 25 years service(and if you've paid into the pension for all that time), you'd be very interested if there's a difference between getting sacked or resigning to your pension
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