Cashing in NRA 65 pension

[yorkmover123]

Thinking of taking my NRA 65 pension received my NRA 60 pension recently. What’s the pro and cons of taking my NRA 65 and carry on working probably to 63- 64 and retiring. What sought of lump sum and annual pension would I receive started 1990 and have £20,500 bonus plan .
I did have a flexiplan used that for my NRA 60 had 19,000.

[RobertT]

You have more knowledge of what you might get than anyone on an internet forum, because you have access to your own annual illustrations. They're individual to you!

As for the pros and cons, read this for more info:

https://www.royalmailpensionplan.co.uk/ ... vaw4-1.pdf

[yorkmover123]

Thanks for your advice

[Gary55]

You have more knowledge of what you might get than anyone on an internet forum, because you have access to your own annual illustrations. They're individual to you!

As for the pros and cons, read this for more info:

https://www.royalmailpensionplan.co.uk/ ... vaw4-1.pdf

Hi RT hope you're enjoying retirement. Does the fact that you get the benefits for longer still leave most people worse off in the long run. Purely in pension benefit terms thanks

[RobertT]

Hi RT hope you're enjoying retirement.

So far, so good! Thanks for asking.

Does the fact that you get the benefits for longer still leave most people worse off in the long run. Purely in pension benefit terms thanks

Based on averages, you'll get more by taking your benefits at NRA. But ultimately it depends how long you live.

[Gary55]

Thanks as usual I suppose it's all down to the individual