ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

Cash balance as lump sum in RMPP Nra60.

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Bellaber
Posts: 125
Joined: 14 Nov 2020, 08:06
Gender: Male

Re: Cash balance as lump sum in RMPP Nra60.

Post by Bellaber »

Does anyone know what the pension percentage rise is this year please
Top
RobertT
EX ROYAL MAIL
Posts: 6548
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Cash balance as lump sum in RMPP Nra60.

Post by RobertT »

Bellaber wrote: ↑
23 Feb 2025, 06:16
 Does anyone know what the pension percentage rise is this year please
The formula for annual pension increases is always the same.
It's the inflation rates for the previous September(released in October), so this years increases will be:

Section A/B – 1.7%(CPI)
Section C – 2.7%(RPI)

Increases for the DBCBS are set by RM and are aimed at CPI or higher.
Links to all RM pension related websites are here
Top

Return to “ROYAL MAIL PENSION”