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freezing my pension
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milesy
- Posts: 70
- Joined: 20 Dec 2009, 18:20
- Gender: Male
- Location: under the cosh from crozier and cronies
freezing my pension
does anyone no if there are any penalties for freezing my pension for a few months? im considering stopping it for 6 months max to help me save the money towards a new car but not sure if i will be hit by anything for doing it. ie losing my final salary etc ive been with the company for 7 years in april any help would be appreciated!
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POSTMAN
- SITE ADMINISTRATOR
- Posts: 32695
- Joined: 07 Aug 2006, 03:19
- Gender: Male
Re: freezing my pension
Just do the odd bit of docket.
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
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milesy
- Posts: 70
- Joined: 20 Dec 2009, 18:20
- Gender: Male
- Location: under the cosh from crozier and cronies
Re: freezing my pension
when im finishing my walk at nearly 3 oclock everyday the last thing i want is to go do another lot!!
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TrueBlueTerrier
- FORUM ADMINISTRATOR
- Posts: 72539
- Joined: 30 Dec 2006, 10:29
- Gender: Male
- Location: On my couch
Re: freezing my pension
Well the total amount you will receive each week/month will be reduced by you not paying in. Also as its under £20 per week you pay in and RM pay more I don't see the logic, you''d be better off in the long run by staying in and still paying in.milesy wrote:does anyone no if there are any penalties for freezing my pension for a few months? im considering stopping it for 6 months max to help me save the money towards a new car but not sure if i will be hit by anything for doing it. ie losing my final salary etc ive been with the company for 7 years in april any help would be appreciated!
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Any post in any other colour is my own responsibility.
If you like a news story I posted please click the link to show support Any news stories you can't post - PM me with a link
My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.
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RobertT
- EX ROYAL MAIL
- Posts: 6642
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: freezing my pension
If you stop paying into the pension you will not be able start again!milesy wrote:does anyone no if there are any penalties for freezing my pension for a few months? im considering stopping it for 6 months max to help me save the money towards a new car but not sure if i will be hit by anything for doing it. ie losing my final salary etc ive been with the company for 7 years in april any help would be appreciated!
Links to all RM pension related websites are here