Law360, London: Two former directors of Bic UK Ltd have denied the stationery company's claims that their pensions were miscalculated and overpaid, arguing that the increase to their benefits was valid.
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The right to notice means a right for the employee to remain in employment for the period of notice, not simply to be paid for it. An employer will therefore often include in the contract an express right to make a payment in lieu of notice ('PILON') as an alternative to giving notice, to ensure
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