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by techireland 1252 days ago
Every company pension in Ireland has this as standard, it’s from the pension provider. Hilariously, the Business Post pension provider will have it too. You can’t clawback something that people never had. It’s also good for the employee as if you’re out (voluntarily or otherwise) within 2 years you can get your own contributions back out vs locked in a tiny fund. On one hand they got the redundancy package that far surpassed statutory, and then on the other they’re looking for something that they were never entitled to. Seems a small bit strange that we’d cry a river for well paid tech workers “losing” a small amount of money versus what they’d have gotten out of the process. There’s other people we should be looking out and fighting for.
2 comments

Just a clarification. If they were in the role for less than 2 years there is no legal reason to provide a redundancy package (statutory redundancy). The fact that employees are getting a payment even if they were there less than 2 years should show that Stripe are not "clawing back" contributions but that the refund is due to a stadard mechanism within the pension scheme.

https://www.citizensinformation.ie/en/employment/unemploymen...

I mean, just because someone is well paid doesn't mean they deserve to have money taken from them?

Every company has this as standard, but a lot have waived it for redundancies, so let's not let stripe off the hook.