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NEST Scheme

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.
posted
Posts: 249
Joined: 31 Jan 2018, 20:21
Gender: Male

NEST Scheme

Post by posted »

Thought I’d start a topic for those joining or have joined the NEST scheme including future updates

I sent my form off back in August but they didn’t receive it. I then sent another one at the start of Sept (hard copy and digital).

Has anybody received confirmation of joining yet?
Do we get login details?
koolishy67
Posts: 665
Joined: 04 Nov 2010, 21:02
Gender: Male

Re: NEST Scheme

Post by koolishy67 »

Nothing yet
koolishy67
Posts: 665
Joined: 04 Nov 2010, 21:02
Gender: Male

Re: NEST Scheme

Post by koolishy67 »

Where did you contact?
vmaxv4
Posts: 260
Joined: 09 Oct 2012, 10:49
Gender: Male

Re: NEST Scheme

Post by vmaxv4 »

Put a ticket into HR.. Snotty reply We ain’t gonna let you know if we are in receipt of your request. Outrageous.. :no no :arrrghhh
vmaxv4
Posts: 260
Joined: 09 Oct 2012, 10:49
Gender: Male

Re: NEST Scheme

Post by vmaxv4 »

Contacted Nest Friday gave them my details nowhere on there system.
Suggested that RM would have already an account & all new applications would be submitted by payroll & only then would we receive a welcome pack.
Checking wage slip Tuesday 8th Oct after 16:00 see if there’s any indication where my money is going.
Alternatively ringing Nest again if I appeared at all..
what a Fu… mess. 🤬
Last edited by vmaxv4 on 28 Sep 2024, 22:05, edited 1 time in total.
Jefferson Starfish
Posts: 899
Joined: 12 Aug 2011, 15:32
Gender: Female
Location: Greendale DO

Re: NEST Scheme

Post by Jefferson Starfish »

vmaxv4 wrote:
28 Sep 2024, 17:14
Contacted Nest Friday gave them my details nowhere on there system.
Suggested that RM would have already an account & all new applications would be submitted by payroll & only then would we receive a welcome pack.
Checking wage slip Tuesday after 16:00 see if there’s any indication where my money is going.
Alternatively ringing Nest again if I appeared at all..
what a Fu… mess. 🤬
That's a week early.
vmaxv4
Posts: 260
Joined: 09 Oct 2012, 10:49
Gender: Male

Re: NEST Scheme

Post by vmaxv4 »

:d'oh!
Amended
posted
Posts: 249
Joined: 31 Jan 2018, 20:21
Gender: Male

Re: NEST Scheme

Post by posted »

So I’m thinking that they need to wait for the current scheme to formally close and the new one to open..l all on 7th October..l you know… just in case there’s any hiccups. Anything before that will be premature. So let’s see what happens on 7th.
vmaxv4
Posts: 260
Joined: 09 Oct 2012, 10:49
Gender: Male

Re: NEST Scheme

Post by vmaxv4 »

Further Update.
As suggested earlier I was told to call back today alas still not on the system :cry
However as with all the things I was told to be aware of “The None Investment Period” where an employer has 6 Weeks & 3 Days to register with Nest.
The operator suggested checking wage slip if I’m being deducted into Nest and if so calling back to check if I’m on the register.
Hope this helps
posted
Posts: 249
Joined: 31 Jan 2018, 20:21
Gender: Male

Re: NEST Scheme

Post by posted »

I can't see this week's deduction going into NEST.
the existing schemes formally close on Monday - for those > 1 yr service - and CPP opens (NEST Transfer) happens simultaneously.

So surely it would be next week's deduction
vmaxv4
Posts: 260
Joined: 09 Oct 2012, 10:49
Gender: Male

Re: NEST Scheme

Post by vmaxv4 »

Payslip
IMG_4712.jpeg
:thumbup
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koolishy67
Posts: 665
Joined: 04 Nov 2010, 21:02
Gender: Male

Re: NEST Scheme

Post by koolishy67 »

Yes
TheTrolleyMan
Posts: 776
Joined: 13 Mar 2017, 15:39
Gender: Male

Re: NEST Scheme

Post by TheTrolleyMan »

Snap I’ve got my wage slip confirmation of a payment to NEST
TheTrolleyMan
Posts: 776
Joined: 13 Mar 2017, 15:39
Gender: Male

Re: NEST Scheme

Post by TheTrolleyMan »

I’ve also noticed that Pensionable Pay has now dropped down to £505
vmaxv4
Posts: 260
Joined: 09 Oct 2012, 10:49
Gender: Male

Re: NEST Scheme

Post by vmaxv4 »

Yes mine & all others colleagues who have opted to join Nest have ONLY the basic pay in the contributions box.