sickness severance pay

[chil]

Does anybody know how a company works the amount of sickness severance pay it will award . I am just over 60 and drawing my firms pension although I am still employed full time. I have worked for the company for 15 years. I have been long term sick due to a major operation and Ocupational health have said they would support a pay off . I know that equality at work act means that I should be able to work until 65 if fit. Is there a standard formula that copanies use. Thanks

[factor-fiction]

You should get pay for your notice period. I would think that anything on top of that is dependent on what severance arrangements your company offers. I don't believe there is a statutory entitlement. Such paymnents are more likely in public sector jobs.

http://www.businesslink.gov.uk/bdotg/action/de tail?r.l1=1073858787&r.l3=1073932288&r.lc=en&t ype=RESOURCES&itemId=1073791216&r.l2=107387697 4&r.s=sc

http://www.pensionsadvisoryservice.org.uk/publ ications/TPAS_Leaflets/Docs/Ill-Health.pdf