Any one know what the issue is around the tupe XBS uk staff and pensions I have heard lots of grumbling and mentions of not switching us to the proper pension when we could have.
People are saying it could be back dated money into our pension pot. Anyone had anything? or know what it is about?
@ha XBS cost this organisation enough already. Low performance with high costs
@ha Nope. Normally, as part of being provided a package, the advice provided, often by the company themselves, is to get everything checked by a solicitor. My point stands: go to someone who knows, not a group of god knows who grinding their gears on a random forum. Seriously. My advice for anyone being presented a package. Get it checked by an independent expert BEFORE you agree to it. That expert would be a solicitor with employment law experience, not some random (like me) on a forum. I'll get a 'sausages' response, but that is THE best advice you will get on here.
@h1 you from hr?or a manager ? it is asked because people who were made redundant recently could be entitled to money that Xerox was obliged to pay towards our pension.
The talk is that xerox had to give us the correct information but did not.
This is being asked on a lay off forum about money xerox could owe us at lay off. Seems the perfect place to ask thisto see if other have got any info The xerox teams that do know are hoping we don't all understand that we could be owed and take it further. They have paid out to some and put of fothers hoping they give up . Thanks for your input though
Why on earth come into this forum to ask that question? Go to the teams that know. On a more serious note, many people just assume they cant manage their own pension pot. You can. Just don't ignore the emails from the pension managers that come out throughout the year that ask you to confirm how you want it invested, or speak to a registered financial advisor and see what you can do to make the best of that money. You may be really surprised at how you can make it work for you far better.
Sausages for for everyone when you retire
When you TUPE over it was under certain T&Cs which most likely were continuation of the same. Up to you if you wanted to change your pension plan at a later date. There is not a chance of any back-dating
Again there is no pension
Only Tension. Welcome to xerox.
Sausages give you grumbles as well.