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Final salary supplement
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sweepster70
- Posts: 487
- Joined: 24 Jul 2017, 23:16
- Gender: Male
Final salary supplement
If I were to take my pension at 60, but retire at 65, would I get 2 years of the supplement before I get my Government pension at 67?
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freespeech
- MDEC
- Posts: 762
- Joined: 28 Jun 2007, 16:35
Re: Final salary supplement
My understanding would be yes.......sweepster70 wrote: ↑23 Sep 2023, 20:39If I were to take my pension at 60, but retire at 65, would I get 2 years of the supplement before I get my Government pension at 67?
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RobertT
- EX ROYAL MAIL
- Posts: 6644
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: Final salary supplement
Yes, you'd be entitled to the supplement until state pension age and as long as you've left RM, and assuming you're in section C.sweepster70 wrote: ↑23 Sep 2023, 20:39If I were to take my pension at 60, but retire at 65, would I get 2 years of the supplement before I get my Government pension at 67?
But it probably won't be paid automatically and you'll have to chase them for it.
Links to all RM pension related websites are here
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sweepster70
- Posts: 487
- Joined: 24 Jul 2017, 23:16
- Gender: Male
Re: Final salary supplement
Thank you to the both of you. I had an idea this would be the case.
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tractorboy2
- EX ROYAL MAIL
- Posts: 539
- Joined: 18 Jan 2012, 11:03
- Gender: Male
Re: Final salary supplement
I'm still chasing them for mine ! I rang them this time instead of an email , guy couldn't understand why I wasn't receiving it yet.RobertT wrote: ↑24 Sep 2023, 16:31Yes, you'd be entitled to the supplement until state pension age and as long as you've left RM, and assuming you're in section C.sweepster70 wrote: ↑23 Sep 2023, 20:39If I were to take my pension at 60, but retire at 65, would I get 2 years of the supplement before I get my Government pension at 67?
But it probably won't be paid automatically and you'll have to chase them for it.
Said will be paid this month , if it isn't an official complaint will be next.
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tractorboy2
- EX ROYAL MAIL
- Posts: 539
- Joined: 18 Jan 2012, 11:03
- Gender: Male
Re: Final salary supplement
I received a letter yesterday from Capita telling me what my new annual pension is including the supplement and the monthly equivalent.
That I will start receiving this at the end of this month (October) and the backpay amount that will be included as well.
That I will start receiving this at the end of this month (October) and the backpay amount that will be included as well.
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Ozzy69
- EX ROYAL MAIL
- Posts: 4
- Joined: 28 May 2020, 06:02
- Gender: Male
Re: Final salary supplement
I finished on ihr in April I’m looking at taking lump sum 16 years service started 2007 any idea what payment would be and what does the other entitlement mean I’m clueless when it comes to pension , I’m 54 but won’t I be entitled to no deduction from pension if approved by the trustees?
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Terrance
- Posts: 70
- Joined: 03 Jul 2023, 17:10
- Gender: Male
spinal surgery
Hi everyone I have just been told by my spinal physio that pain management and injections won’t be a good option for treatment, the consultant told her that my only option is spinal surgery. I have to wait a couple of months to have another MRI scan this time it’s sitting down ,and another couple of months to have a ct scan lying down. then another couple of months to have a consultation with my consultant and if I choose to have surgery it’s a long waiting list. Then I will have months of recovery all in all I’m looking at 12 months minimum could be longer and that’s just for normal every day things and even longer to go back as being a postman if that’s possible.I have already been off work for 11 months.I would think LTBIH with a lump sum payment is on the cards, has anyone else been in this situation?