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Protection of Employees (Employers' Insolvency) (Variation of Limit) Regulations 2004 (S.I. No. 696 of 2004).

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Ireland
Employment security, termination of employment
2004-11-04
National
Regulation, Decree, Ordinance

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These Regulations increase the maximum amount of weekly pay which may be used for the purposes of calculating employee entitlements under the Protection of Employees (Employers¿ Insolvency) Act 1984 from €507.90 to €600.00. The increased limit will apply to entitlements arising under the Act where the relevant date is on or after 1st January 2005. (The relevant date is normally the date of insolvency of the employer. However, in certain circumstances the employee has the option of nominating either the date of insolvency or the date of termination of employment, whichever date is the more favourable.)

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