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55 over and out .
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comeracing
- Posts: 806
- Joined: 28 Nov 2010, 20:58
- Gender: Male
55 over and out .
3 years for me ,If I can grind it out until then , as we all know the jobs gone ,kretinsky will asset strip, and terms and conditions will be worsening rapidly , would love feedback on anyone who has left at 55 at took there lump sum and monthly pension NR60 , that's my plan and keep the NR65 and draw that at age 60 , hear of so many people fed up and calling it a day drawing there pension and getting a part time job elsewhere and virtually everyone says its the best thing they've done ,life to short as they say .
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qwerty2
- Posts: 2077
- Joined: 30 Jun 2009, 00:42
- Gender: Male
Re: 55 over and out .
Pension won’t last much if you can’t get another Job
Depends which part of the country you live in
Wonder what the stats are for RM staff - further south you go more have probably left
More vacancies south - less further north - fully staffed or over staffed?
Depends which part of the country you live in
Wonder what the stats are for RM staff - further south you go more have probably left
More vacancies south - less further north - fully staffed or over staffed?
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TrueBlueTerrier
- FORUM ADMINISTRATOR
- Posts: 72658
- Joined: 30 Dec 2006, 10:29
- Gender: Male
- Location: On my couch
Re: 55 over and out .
Spoiler Alert
I did it - I pulled the trigger and retired. Lot less stressed nowadays and even enjoy going out on walks.
I did it - I pulled the trigger and retired. Lot less stressed nowadays and even enjoy going out on walks.
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RobertT
- EX ROYAL MAIL
- Posts: 6682
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: 55 over and out .
I retired last year at 55.
I haven't taken any of my RM pension and don't plan to until 60.
No job and no intention of getting one, and thoroughly enjoying all my leisure time.
There's more to work than RM and there's more to life than work!
I haven't taken any of my RM pension and don't plan to until 60.
No job and no intention of getting one, and thoroughly enjoying all my leisure time.
There's more to work than RM and there's more to life than work!
Links to all RM pension related websites are here
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Acca Dacca
- Posts: 3211
- Joined: 16 Aug 2009, 17:13
- Gender: Male
Re: 55 over and out .
It’s easy to say that but unfortunately the majority of the workforce don’t have the same financial security you have
If you tolerate this, then your paid break will be next
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RobertT
- EX ROYAL MAIL
- Posts: 6682
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: 55 over and out .
I agree, it's much easier to say it than do it.Acca Dacca wrote: ↑06 Jun 2024, 13:42It’s easy to say that but unfortunately the majority of the workforce don’t have the same financial security you have
It definitely wasn't easy and I made plenty of sacrifices along the way.
Links to all RM pension related websites are here
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postslippete
- Posts: 4188
- Joined: 14 Jul 2014, 16:27
- Gender: Male
Re: 55 over and out .
Royal Mail would retain a lot of experienced staff if they allowed full-timers who are getting close to retirement age to go part-time and only work a few days a week. Unfortunately, the company are desperate to get rid of them and tell them if they go part-time they either have to sign the new contract that new staff are on or still have to work at least 5 days a week.
Is it any wonder why these staff have left
Is it any wonder why these staff have left
On the face of it, shareholder value is the dumbest idea in the world.
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General Mannerheim
- EX ROYAL MAIL
- Posts: 2299
- Joined: 14 Dec 2007, 13:10
- Gender: Male
- Location: Stalag 17
Re: 55 over and out .
I retired just over 12 months ago at 57,after being a rep and hearing everybody's woes etc, the only stress I have now is deciding what to do with my free time, not bothered in getting another job, only wished I had bogged off at 55 as I originally always wanted to do, wasted nearly 2 years plodding on.
Royal Mail managers.....about as popular as a t.urd in a swimming pool!
The DDA/Equality Act demands action,NOT words......adjustments NOT Occupational Health referrals.Case No:2505901/09
Royal Mail is an Equal Opportunities Employer..It discriminates against everybody.
The DDA/Equality Act demands action,NOT words......adjustments NOT Occupational Health referrals.Case No:2505901/09
Royal Mail is an Equal Opportunities Employer..It discriminates against everybody.
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SWIM
- Posts: 422
- Joined: 11 Jan 2010, 20:33
- Gender: Male
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chickenwittle
- Posts: 2090
- Joined: 15 Nov 2009, 09:43
- Gender: Male
Re: 55 over and out .
I’m 55 this year and 34 years in the job , would love to go shortly but the thought of losing 25% doesn’t sit well with me , so will try to ride it out a bit longer.
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TopperGas
- Posts: 3460
- Joined: 13 Feb 2021, 22:46
- Gender: Male
Re: 55 over and out .
Nobody forced you into being a rep? Some of us like our foreign hols and new cars so plod on a bit longer without listening to a single person's woes. I can never understand reps complaining about the role if they don't like it just step down.General Mannerheim wrote: ↑06 Jun 2024, 20:12I retired just over 12 months ago at 57,after being a rep and hearing everybody's woes etc, the only stress I have now is deciding what to do with my free time, not bothered in getting another job, only wished I had bogged off at 55 as I originally always wanted to do, wasted nearly 2 years plodding on.
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Kesknight
- Posts: 98
- Joined: 11 Aug 2016, 22:00
- Gender: Male
Re: 55 over and out .
I'm 55 and done 37 years. So hopefully another 3 years to get to 40 years and then that's it.
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sweepster70
- Posts: 500
- Joined: 24 Jul 2017, 23:16
- Gender: Male
Re: 55 over and out .
The reason Robert retired at 55 and is able to not draw his final salary till 60, could be down to realising at a very early age, you have to put money away and invest in your future?RobertT wrote: ↑06 Jun 2024, 15:31I agree, it's much easier to say it than do it.Acca Dacca wrote: ↑06 Jun 2024, 13:42It’s easy to say that but unfortunately the majority of the workforce don’t have the same financial security you have
It definitely wasn't easy and I made plenty of sacrifices along the way.
Last edited by sweepster70 on 09 Jun 2024, 20:54, edited 2 times in total.
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Gary55
- EX ROYAL MAIL
- Posts: 349
- Joined: 29 Jun 2021, 21:02
- Gender: Male
- Location: london
Re: 55 over and out .
Good luck to you Robert and I still value your advice.
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grandypants
- EX ROYAL MAIL
- Posts: 74
- Joined: 29 Dec 2015, 21:34
- Gender: Male
Re: 55 over and out .
Went at 60 aft er 20 years part time at a supermarket no pressure, good fun working with youngsters, go fishing when I want 2 holidays a year dont run yourself into the ground, one life live it