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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.
Seanpriddy7
Posts: 11
Joined: 13 Feb 2023, 14:51
Gender: Male

Monthly pension

Post by Seanpriddy7 »

Does the monthly pension come in 2 parts? One from Royal mail and 1 from capita? I've got a payment for today which shows as royal mail statutory pension but last month it showed 2 one for royal mail pension and the other royal mail statuto but unsure if it was 2 last month being first payments or if its always 2 and if so when is the capita part paid normally
RobertT
EX ROYAL MAIL
Posts: 6644
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Monthly pension

Post by RobertT »

Yes, you get 2 payments!

Although when you actually get them will depend on the options you chose when going through the procedure of claiming your pension.
You should have been given a choice of monthly or quarterly!

They're normally paid on the last working day of the month they're due.
Links to all RM pension related websites are here
Seanpriddy7
Posts: 11
Joined: 13 Feb 2023, 14:51
Gender: Male

Re: Monthly pension

Post by Seanpriddy7 »

Chose monthly so I think it's the capita one not showing yet as my bank shows payment due in Monday and that's the one I've mentioned. Will wait till 1st and ring if nothing else showing thanks