Seanad debates

Wednesday, 14 May 2003

Redundancy Payments Bill 2003: Second Stage.

 

This Bill will amend the insolvency payments legislation to allow employees of insolvent companies to claim their minimum notice entitlements under the insolvency payments scheme without first having to obtain an award from the Employment Appeals Tribunal. The rebate of 60% to the employer will be maintained. This allows employers who have paid their employees their correct statutory redundancy lump sums to apply to the Department of Enterprise, Trade and Employment for a 60% rebate within six months of payment. If employers have failed to pay employees their statutory redundancy entitlements, employees can apply to the Department for direct payment from the social insurance fund.

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