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Your lawyer should advise you on the ongoing loss of pension, especially if you have a permanent pension. Pension contributions must be continued during the notice period, unless your contract says otherwise. If an agreement is reached with your employer to pay a lump sum to your pension under the billing conditions, you may be eligible for the tax-free payment. Reason for termination: This should normally be indicated and, in some cases, the reason is simply indicated as “mutual agreement.” If the amounts offered are satisfactory or if you insert the lawyer to continue despite the fact that you could get more in court or court, your lawyer will sign the settlement agreement to ensure a quick settlement of the amounts offered. This fact sheet explains how a transaction contract works and what happens when a comparison offer is offered to you by your employer. Termination date: This date is set when your employment is terminated or ends. This can take many months, or very often, the proposed date is only a few days away from the date the agreement was submitted to you (or if the date may have already passed). Your termination date also depends on the notice period to which you are entitled (see below). However, the EAT allowed Mr. Basra`s appeal. There was a clear controversy as to whether EDT was on March 3 or March 15 of its employment, and the ET erred in not complying with the pre-termination communications, which took place prior to the first of these appointments, as this was clearly evidence that this was relevant.

The transaction contract is recognized by law and one of the few ways to establish such an agreement between the employer and the worker. For this reason, you must take independent legal advice on the document, usually through a lawyer, before it becomes mandatory. The lawyer must also certify the agreement. Your employer may present you with a transaction agreement. This is more likely if your benefit is called into question and your employer wants to give you the opportunity to leave under agreed terms rather than go through a benefit process. In a recent dismissal procedure (Basra/BJSS Limited), the Employment Appeal Tribunal (EAT) found that in the event of a dispute with the effective termination date (EDT), the ET must take a position on this issue before it can determine the evidence to be excluded before ending the negotiations. In this regard, the ET must take into account all relevant evidence in this area, which could include notifications of termination. Full agreement: Normally, transaction agreements stipulate that by signing the agreement, you do not count on the inclusion of another document that existed before the agreement was signed. In other words, the transaction agreement contains full terms between the parties. Pension: If necessary, payments to your pension fund must be continued until the termination date and, if a payment is made in lieu of a termination, your employer may be required to continue to contribute for an equivalent period of time, depending on the contractual terms.

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H&M INVEST s.r.o.

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Dr. Steinera, Kladno 272 01


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