Significant changes occurred in 2014 for all members of the public service in relation to their sick pay entitlements. In all cases sick pay entitlements changed from 365 days over a rolling 4 year period to a reduced level of benefits.
Sick pay benefits have been reviewed and now fall into two distinct categories.
Ordinary illness allows a teacher to qualify for:
Critical illness allows a teacher to qualify for:
In both scenarios you may be entitled to Temporary Rehabilitation period (TRP) as a further extension of your sick leave but not on full pay or half pay.
This is an extremely complex area and requires specialist advice to review your own specific situation.
As a rule of thumb there is no minimum service period and a lump sum of 1 times pensionable remuneration would be payable to your estate.
There are differences within respective bodies in the public sector so please contact us directly to establish your specific death in service entitlements.
At Pegasus Financial Consultancy, we will ensure you are fully aware of your sick pay and death in service benefits. On completion of this, we will advise you on the best means of protecting you and your family.
We will ensure you:
For members of public sector trade unions we do not provide private income protection as it does not represent best advice in our view.
Our detailed protection portfolio review service incorporates the following: