General   (General discussion, talk about anything.)

" I did hear about miners getting 80/90/100 of thousands of pounds "


This is from a copy of "The Miner", from the mid to late 80's after the strike, at the time of the pit closures ....

REDUNDANCY PAY FACTS

After 12 months, dole money is stopped for people who still have more than £3,000 of their redundancy cash left. This has the effect of forcing most people to live off the lion’s share of their redundancy money.
Here are some examples of redundancy pay real values.

A 25-year-old married miner (no children) earning £100 a week and made redundant after 5 years would get £5,400 in redundancy pay.
According to the 1982 Family Expenditure Survey (FES), the cost of maintaining such a household is £5,680 a year.
REDUNDANCY PAY THEREFORE EQUALS 49 WEEKS OF NORMAL LIVING COSTS.

A 30-year-old married miner (one child) earning £130 per week and made redundant after 10 years would get £11,170 in redundancy pay.
According to the FES it costs £6,900 a year to maintain such a household.
REDUNDNACY PAY EQUALS 1 YEAR AND 8 MONTHS NORMAL LIVING COSTS.

A 40-year old married miner (three kids) earning £130 a week and made redundant after 15 years would get £16,950 in redundancy pay.
According to the FES the cost of maintaining his household is £5,660 a year (at the
age of 40 many major items have normally been paid for).
HIS REDUNDNACY MONEY EQUALS 3 YEARS NORMAL LIVING COSTS.

I heard some men I knew at Parkside had got just over £27,000. Men with many years service, in management positions, didn't get anything like the figures Golden Bear mentioned above.

I have a friend who 'claims' he got over £40,000 redundancy pay, from t' Gas Boo'erd.