Statutory redundancy pay

You will get:

• 0.5 week’s pay for each full year of service where your age was under 22
• 1 week’s pay for each full year of service where your age was 22 or above, but under 41
• 1.5 week’s pay for each full year of service where your age was 41 or above

As of today's date (October 2011), the maximum weekly pay is £400.

For example: If you are 45, your pay is £400 per week and you have completed 17 years full service, you be entitled to 19 weeks of statutory redundancy pay at a rate of £400 which totals £7600.

Step one: 0.5 weeks pay for each full year of service where your age was under 22.

Step two: 1 weeks pay for each full year of service where your age was 22 or above but under 41.

Step three: 1.5 weeks pay for each full year of service where your age was 41 or above

For example:  If you are 40, your pay is £400 per week and you have completed 15 years full service, you will be entitled to 15 weeks of statutory redundancy pay at a rate of £400 which totals £6,000.


Step one: 0.5 weeks pay for each full year of service where your age was under 22 (0)

Step two: 1 weeks pay for each full year of service where your age was 22 or above but under 41 (15)

Step three: 1.5 weeks pay for each full year of service where your age was 41 or above  (0)