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Payments to railway workers revealed

Thursday, 14 July 2011 08:45

The five railway workers who have lost their jobs have so far been paid just over £19,000 each in compulsory early retirement and redundancy pay.

The figure has been revealed in a reply to a Tynwald written question from Rushen MHK Juan Watterson.

Treasury Minister Anne Craine points out the figure is a gross one, before deductions for income tax, national insurance and superannuation contributions.

She adds the workers are also due a remaining balance of lump sum payments, which will be calculated and paid out after this month.

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