My Department administers the Social Insurance Fund (SIF) in relation to redundancy matters on behalf of the Department of Social Protection. There are two types of payment made from the SIF — rebates to those employers who have paid statutory redundancy to eligible employees and statutory lump sums to employees whose employers are insolvent and/or in receivership/liquidation.
I can confirm that my Department received a statutory redundancy lump sum claim in respect of the individual concerned on 12 April 2010. I am pleased to advise the Deputy that my Department has recently authorised the claim for payment. Payment of the redundancy amount due should issue within the next few weeks.