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CDC nra 67

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.
heapsy
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CDC nra 67

Post by heapsy »

Ginge wrote:Can anybody explain the reasoning behind the cwu agreeing to a NRA of 67,I’m struggling to see any benefits to the members??
Maybe it is to entice RM to go for the scheme itself. A kind of sweetener to try something more adventurous with the state pension age moving to a later age? Why they would buy into the political mantra of having to work longer is beyond me. It seems that there is a concerted effort from ALL parties to make people work longer, regardless of their occupation, health, or other status. Might sound mad but if they screw your pension up, most wont have a choice.
Celgar
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CDC nra 67

Post by Celgar »

I would guess it is to line up the RM pension age with the state pension age.
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RobertT
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CDC nra 67

Post by RobertT »

Celgar wrote:I would guess it is to line up the RM pension age with the state pension age.
The CWU’s WinRS proposal had an NRA of state pension age and it was agreed during the negotiations that a set age of 67 was better.

Depending on how old you are currently, your state pension age could be anything between 65 and 68! And it could yet increase again for the younger ones amongst us.
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heapsy
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CDC nra 67

Post by heapsy »

RobertT wrote:
Celgar wrote:I would guess it is to line up the RM pension age with the state pension age.
The CWU’s WinRS proposal had an NRA of state pension age and it was agreed during the negotiations that a set age of 67 was better.

Depending on how old you are currently, your state pension age could be anything between 65 and 68! And it could yet increase again for the younger ones amongst us.
Yet again, another kick in the balls. Especially for those in delivery. The CWU are a disgrace.
NWpostie
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CDC nra 67

Post by NWpostie »

67 is completely unacceptable to me.

I've seen too many of my colleagues pegging out at 60-65 after retirement some even earlier.

How many is going to be able to reach 67 and enjoy the benefits, probably a lot less than at 60.

What they should be doing is, NRA60 with pension plus up to 67 if you pay extra contributions and retire anytime before 67 with no hit.

The CDC in its current form, I'm voting no.
Six of Nine loves Seven of Nine, together in Electric Dreams.
clashcityrocker
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CDC nra 67

Post by clashcityrocker »

You don't see any 67 year old firemen.
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.
mark.cup
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CDC nra 67

Post by mark.cup »

You won't see any 67 year old postmen with today's workloads....

It's ok saying people don't have to retire but people's bodies will be broken and there will be nobody else willing to take you on when that happens :thumbdown