Whilst being on the sick for a while now the last few weeks i have been receiving sick pay at pension rate does anyone know if this will impact my pension at retirement age ie, is each payment i am being paid get taken off my pension when i am due it?
Thanks
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Sick Pay at Pension Rate
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RobertT
- EX ROYAL MAIL
- Posts: 6644
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: Sick Pay at Pension Rate
My understanding of Sick Pay at Pension Rate, is that's it's the rate of pay equal to the pension that would be payable if you retired early on the grounds of ill-health.
It's basically a payment that's being made until they decide what your future holds in RM.
It's not being taken from your pension!
Someone else might be along in due course, who knows more about this than me.
It's basically a payment that's being made until they decide what your future holds in RM.
It's not being taken from your pension!
Someone else might be along in due course, who knows more about this than me.
Links to all RM pension related websites are here
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Gary55
- EX ROYAL MAIL
- Posts: 338
- Joined: 29 Jun 2021, 21:02
- Gender: Male
- Location: london
Re: Sick Pay at Pension Rate
Robert I've seen you plan to retire before too long. If you have time would you take pity on us poor sods and check in occasionally. It would be most appreciated 
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RobertT
- EX ROYAL MAIL
- Posts: 6644
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: Sick Pay at Pension Rate
Yes, I'm planning on leaving RM this year.
No definite dates yet, but will probably go in time to miss my DO's revision and the shitshow that will no doubt follow.
It seems like a good time to go!
I have wondered whether I'll be a regular visitor to this site after I've left the company, and to be honest I hope I won't be.
But maybe I'll be back at some point moaning about Capita!
Links to all RM pension related websites are here
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Geordiepapa
- EX ROYAL MAIL
- Posts: 87
- Joined: 06 Nov 2022, 16:23
- Gender: Male
Re: Sick Pay at Pension Rate
Thank you for info. That helps me understand what's going on.RobertT wrote: ↑04 Jan 2023, 18:57My understanding of Sick Pay at Pension Rate, is that's it's the rate of pay equal to the pension that would be payable if you retired early on the grounds of ill-health.
It's basically a payment that's being made until they decide what your future holds in RM.
It's not being taken from your pension!
Someone else might be along in due course, who knows more about this than me.