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How much notice to give regarding retirement?

(41 Posts)
Newbeginnings Tue 03-Oct-23 11:09:37

I am Retiring on my 60th Birthday (Feb 2024) on full pension after 40 years services. How much notice did you give?

JdotJ Wed 04-Oct-23 14:00:36

It seems to be the 'higher up' in the company you are, the more notice you have to give.

Seajaye Wed 04-Oct-23 14:09:21

As a minimum you will need to give your contractual notice in writing to terminate your contract of employment. Be wary of giving extra notice in case you miss out on any potential redundancy payment. If you are in the public sector ( and some other employers) there are often options of electing to go part time and claiming your pension, which can help with the emotional adjustments and financial ones.

4allweknow Wed 04-Oct-23 14:31:08

Check your contract or with HR if one exists. You may have annual leave to take before leavibg so be kind and let manager/employer know a decent time ahead to allow for any absence you may have before your final day.

oodles Wed 04-Oct-23 15:00:14

I actually gave 6 months notice. Didn't need to give so long but I was the only person doing the job and I made sure that those who would have to pick up some of the slack while a new person was trained knew all about what I did. I did a guide to the job and the yearly cycle for new person and anyone else who might be interested
As I had been umming and ahhing about whether or not to go when I did, it made it official and I couldn't change my mind, it also was a psychological thing for me as I detached from the job, bit by bit, thinking that's the last time I do this, or next year seone else will be doing this. And I also did things such as fill.im bits on the database that hadn't migrated across from old database but I had all the info in a doc that I used instead, so I entered all that, some of the stuff I had in my memory so I made sure that reminders would pulop up for new person, that sort of thing. I wanted the new person to have as easy a hand over as possible and stay in the job, didn't want the risk of the asking me to cover if they left!

ordinarygirl Wed 04-Oct-23 15:16:16

although you should have written terms and conditions of employment by law, many employers still disregard that. So if you have terms then go by what is in writing OR otherwise a week is sufficient or what is custom and practice in your workplace.
Remember you will not get your state pension for another 6 or 7 years!

Jaxjacky Wed 04-Oct-23 15:30:58

I gave 4 months, double the contractual requirement, so I could gradually handover and let my multiple clients know face to face what was happening.

Charleygirl5 Wed 04-Oct-23 15:36:39

I worked for the NHS so it was 3 months contract.

Ladyleftfieldlover Wed 04-Oct-23 15:38:55

I was an Academic Administrator at Oxford University. I returned after the Christmas holidays and gave a term’s notice. I left at Easter. My pension etc., had been sorted out but my replacement didn’t start until I had left. I had prepared a document for her with all the details of my job and I went in later for a day to see how she was getting on.

LovelyLady Wed 04-Oct-23 15:56:08

Find out when your pension starts.
Read your contract.
Do the minimum required.
However you know this.
Don’t know why you asked.

Germanshepherdsmum Wed 04-Oct-23 17:50:56

Why do the minimum required?

Nannypuds Wed 04-Oct-23 18:47:29

I worked in the nhs for nearly 40 years. I gave 8 months notice, good luck, I hope you enjoy your retirement as much as I'm enjoying mine.

SuperTinny Wed 04-Oct-23 20:07:59

Freya5

I had to give 3 months notice to NHS before retirement. Gives time to get paperwork sorted, and pension put in place.

It was 3 months for me too, as an NHS worker.

Ask your HR department, they will advise. I was also advised to start the ball rolling within 6 months as the documents and information required can take some time to pull together. Also there were some decisions to be made which took me time to decide on. And don't get me started on the terminology. Some bits took me ages to work out what I was being asked! So I'm glad I started my application in January for a May retirement....... but still my pension was late..

Also public servants usually have a few courses they can attend to understand what to do with your lump sum, if you are so inclined.

I've been lucky enough to 'retire and return'. Took my full occupational pension at 60 last year and returned to work (doing the same role) on 19 hours a week. I can't see me doing this until I'm 67 (when my state pension kicks in) but I hope I can keep going like this for s few more years yet.

Glorianny Wed 04-Oct-23 20:14:45

DaisyAnneReturns

It may be the real world for teachers but are you suggesting the average teacher organises how it is run Ziplok? I wasn't.

It is not run in the same way most businesses are run. If a teacher is not aware of that, should they be educating our children? I don't believe the advice to act as teachers have to is helpful. Looking at the appropriate legal document does seem a better way.

Most people can show a little amusement about the vagaries of their jobs. I know educators can as a large portion of my family works or has worked in that area.

I don't think I suggested the way that teachers work is the way most businesses are run, or that anyone should act as teachers do. Just gave an example.

Some people don't actually have written contracts. But even if you had one if you actually like your fellow workers and boss discussing it with them would seem to be simply good manners.

Tenko Wed 04-Oct-23 20:29:56

My contract required 3 months but I gave them 4 . I’m a hygienist and had worked in the same practice for 16 years and wanted to inform my lovely patients.

Kathmaggie Wed 04-Oct-23 23:04:32

I worked in private health sector and was obligated to give 3 months notice. Good luck and enjoy your retirement