17 November 2008

About redundancy

I haven't discussed this much - the strand of this blog that covers my possible early retirement. The background is that evil govt has slashed my employer's budget for the year beginning in April 2009, so there have to be redundancies. When this was first mentioned, I got the figures for what I could expect. As I'm over 50 if I took VR I'd be entitled to collect my pension. It's not a huge amount but it's probably surviveable. At least it would provide a nice background income, enabling me to work from time to time. I'd also of course get a fairly large lump sum of redundancy money and pension. In those days, I imagined this would earn me some interest, but that seems less significant now. I can't believe they're seriously talking about 0% - is the whole world forsaking usura?

Anyway, I formally applied and today we were due to hear the outcome. It seems that so many people have applied for VR that whatever happens there will be no need for compulsory redundancies. This probably means that some of those who've applied for VR won't get it. There's a complicated points scheme to select them. We won't know anything more until probably January, when the final budget figure is given to us by evil govt. So there's a chance I will have to keep working after all.

In other news, my Brain of Britain was broadcast today. It still seemed to me that the other people got easier questions! But I was amazed that I got one question (what's the name of the biggest satellite of some planet?) right - where did that answer (Ganymede) come from? I can't even remember the name of the planet now. And I am glad that three of my correct answers were the following: Fidelio, Leporello, Elgar's 1st Symphony. Come on, Counterpoint, I'm ready for yuh.

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