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Lump sum

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.
oralrural
Posts: 43
Joined: 26 Jul 2007, 19:05
Gender: Female

Lump sum

Post by oralrural »

Due to receive my pension in 4 weeks as a section c member will I get the option to receive a lump sum, have'nt had any definite amounts yet only estimated figures.
With only 4 weeks to go surely I should be informed if I will be getting a lump sum and monthly payments or just monthly payments
RobertT
EX ROYAL MAIL
Posts: 6548
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Lump sum

Post by RobertT »

oralrural wrote:Due to receive my pension in 4 weeks as a section c member will I get the option to receive a lump sum, have'nt had any definite amounts yet only estimated figures.
With only 4 weeks to go surely I should be informed if I will be getting a lump sum and monthly payments or just monthly payments
As a section C member it is your choice whether you take a lump sum or not. I should get in touch with the pension service centre asap!
Contact details here.
Links to all RM pension related websites are here
oralrural
Posts: 43
Joined: 26 Jul 2007, 19:05
Gender: Female

Re: Lump sum

Post by oralrural »

Yep thanks very much, rang them this afternoon all sorted.
Not a very happy place that helpline hear it in there voices I thought us postmen were bad enough but I think they need to ring a helpline somewhere.
SteveH
MAIL CENTRES/PROCESSING
Posts: 49
Joined: 23 Sep 2011, 23:16
Gender: Male
Location: Hemel Hempstead (HCN MC)

Re: Lump sum

Post by SteveH »

Don't expect to receive it soon - mine took ages to come through, earlier this year.