How does PIL together with retirement work.
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Pay In Lieu
I think has been reduced down to 3 months pay.
I thought retirement eligible persons could take PIL and start retirement after the 3 month pay period. Is this not correct?
I know what PIP is but what is PIL?
If you are retirement eligible and judged NSI, you can either retire or take the PIP. There is no PIL option.
Likely you stay home for 3 months. Get paid. First day of retirement is December 1