add in the generous pension schemes
Not unless you’ve reached or passed the approrpiate pension point, which, in most cases, won’t have happened, so redundees will get a considerably reduced pension, at 67. Put it this way, I’m 2 years from my pension point but if I’d been made redundant my pension would have been approximately 20% of what I would get if I served to IPP, despite having already done 20 years. So no not very attractive at all.
As far as volunteers, the feeling is very much “jump before being pushed”, largely those who are a significant distance from IPP and therefore stand to lose less in the long term with having the opportunity for a full second career.
No in lieu of notice pay either.