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Calculating monthly pension

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.
ihatedogs
MAIL CENTRES/PROCESSING
Posts: 546
Joined: 03 Nov 2010, 18:53
Gender: Male

Re: Calculating monthly pension

Post by ihatedogs »

Happy to chuck my figures in just so you've got something to compare it with pal.
Section C
40000 lump sum so £120000 left in pot (75%)
Pre tax monthly pension of £575.
Hope that helps.
NWpostie
Posts: 3601
Joined: 04 Aug 2007, 17:32
Gender: Male
Location: Sector 001 Borg Collective, 6 o f 9

Re: Calculating monthly pension

Post by NWpostie »

ihatedogs wrote:
08 Jan 2021, 18:28
Happy to chuck my figures in just so you've got something to compare it with pal.
Section C
40000 lump sum so £120000 left in pot (75%)
Pre tax monthly pension of £575.
Hope that helps.
After how many years of service out of interest ?
Six of Nine loves Seven of Nine, together in Electric Dreams.
stephen500
EX ROYAL MAIL
Posts: 1458
Joined: 02 Jun 2007, 04:04

Re: Calculating monthly pension

Post by stephen500 »

NWpostie wrote:
08 Jan 2021, 20:10
ihatedogs wrote:
08 Jan 2021, 18:28
Happy to chuck my figures in just so you've got something to compare it with pal.
Section C
40000 lump sum so £120000 left in pot (75%)
Pre tax monthly pension of £575.
Hope that helps.
After how many years of service out of interest ?
Hope this helps. Find your pensionable pay for each year till 2008 from joining the scheme. Divide each years pensionable pay by 60 and times it by the amount of years in section C. Also add your blocks from the career salary scheme and add that.
Robert T may be able to help you better.
section c.jpg
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panda64
Posts: 9
Joined: 11 Feb 2019, 03:45
Gender: Female

Re: Calculating monthly pension

Post by panda64 »

Many thanks to all for the very helpful replies. Sorry for my late reply. I will read through all the comments again and get my pension papers out and see what I can find out. Thank you.