Page 19 - Federation magazine: April / May 2017
P. 19
Could you manage on half pay?
Have you ever asked yourself the question, could I pay all my
bills if my pay was reduced by 50 per cent, due to prolonged
long-term sickness pay reduction?
Officers can find themselves on half During half pay sickness, you may have £24.04 per month you are paid £660 per
pay due to being off work sick for seasonal demands - birthdays, holidays and month tax free, while on half pay sick leave,
six months. But officers who are Christmas. Also, emergencies costs such as plus also included:-
members of the George Burrows Group car issues, kitchen appliance breakdown and l £115,000 life cover - 20 per cent
Insurance Scheme are provided with £660 costs of dependent children. This can make
TAX FREE per month while on half pay up to you more vulnerable to increasing debt in terminal illness benefit.
age 65. order to meet day to day needs and you fall l £10,000 critical illness cover.
into a ‘debt trap’ for which the ability to l Child death grant.
Having sick pay cover in place via the escape diminishes over time. l Best Doctors.
Group Insurance Scheme will help mitigate l Personal accident cover.
the risk and eliminate any nasty financial If you find yourself struggling with debt, l RAC motor breakdown.
shocks of prolonged long-term sickness – it don’t ever ignore it as it may only get worse. l Worldwide travel insurance.
provides a safety net of income while on half Be aware George Burrows have a financial l Mobile phone and gadget cover.
pay, during your six to 12-month sick pay welfare specialist - Caroline Harris, who has
income reduction. more than 26 years’ experience working Full details of cover and conditions can
alongside the Police Federation and can be found in the policy wording which is
We can worry about the financial support you and make you aware of the available to view on the Federation website.
implications of being off sick, and also the agencies available to support and assist you.
additional stress this causes. The Group West Midlands Police Federation is an Appointed
Insurance half pay sick scheme provides a Over the last five years, West Midlands Representative of George Burrows. George Burrows is
cushion for long-term absence and the Police officers have been paid out nearly a trading name of Arthur J. Gallagher Insurance
financial problems which in turn cause extra £600,000 tax free from the George Burrows Brokers Limited, which is authorised and regulated
emotional stress. Simply having the right half pay sick scheme. by the Financial Conduct Authority. Registered Office:
protection in place can greatly reduce the Spectrum Building, 7th Floor, 55 Blythswood Street,
stress associated with being on half pay sick. Did you know by paying into the Glasgow. G2 7AT. Registered in Scotland. Company
Federation Group Insurance Scheme for just Number SC108909. www.ajginternational.com
www.westmidspolfed.com federation April/May 2017 19
