I have a friend who has been suspended for not delivering their D2D's and is probably facing the sack and possible fraud charges!
Does anybody know what happens to his pension if he gets the boot?
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What happens to pension if you're sacked?
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RobertT
- EX ROYAL MAIL
- Posts: 6548
- Joined: 09 Sep 2007, 14:26
- Gender: Male
What happens to pension if you're sacked?
Links to all RM pension related websites are here
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easter bunny
- Posts: 378
- Joined: 01 Jul 2007, 20:08
Re: What happens to pension if you're sacked?
The same applies with your pension if you were sacked or left the business...frozen until 60/65 with rises with RPI each year...
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hantsman
- EX ROYAL MAIL
- Posts: 876
- Joined: 14 Jul 2009, 09:33
- Gender: Male
Re: What happens to pension if you're sacked?
RobertT wrote:I have a friend who has been suspended for not delivering their D2D's and is probably facing the sack and possible fraud charges!
Does anybody know what happens to his pension if he gets the boot?
I think you get all your money back if pension held is less than 2 years.
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easter bunny
- Posts: 378
- Joined: 01 Jul 2007, 20:08
Re: What happens to pension if you're sacked?
correct...however there used to be costs in that regarding SERPS... that doesnt exist anymore but im not sure if the costs are still there....
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seaniesson
- Posts: 8
- Joined: 02 May 2008, 13:20
Re: What happens to pension if you're sacked?
Go to http://www.royalmailpensionplan.co.uk/3 ... he-company" onclick="window.open(this.href);return false; which should give you more information.RobertT wrote:I have a friend who has been suspended for not delivering their D2D's and is probably facing the sack and possible fraud charges!
Does anybody know what happens to his pension if he gets the boot?
I am assuming of course that this person is a member of the Royal Mail Pension Plan as opposed to the new scheme.