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Pension Illustration

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.
uncletom
Posts: 2
Joined: 16 Mar 2011, 02:10
Gender: Male

Pension Illustration

Post by uncletom »

Just received my latest statement, opened it to find all the information boxes had been left blank!! Tempted as I am to fill in the boxes with the amounts I'd like to be paid, I've applied for a replacement!! Has this happened to anyone else? Paul.
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: Pension Illustration

Post by k979aaa »

uncletom wrote:Just received my latest statement, opened it to find all the information boxes had been left blank!! Tempted as I am to fill in the boxes with the amounts I'd like to be paid, I've applied for a replacement!! Has this happened to anyone else? Paul.
No this is the future for us all the royalmail board get 40% of their huge exorbitant salary's and our pensions decrease to nothing because they don't give a F### about us all.
nataddick
MAIL CENTRES/PROCESSING
Posts: 362
Joined: 10 Jun 2010, 09:47
Gender: Male

Re: Pension Illustration

Post by nataddick »

Got mine - checked all the information provided by RM - you have to. I get a pencil and then tick each item off as I check it through.

I always do my own calculations to check theirs e.g. past and future service in years and days and the same for pension benefits expressed in 60ths and days based on both salaries they quote.

Mine is ok but I would be on to the Pensions Centre straightaway if it wasn't.
cloherty1976
MAIL CENTRES/PROCESSING
Posts: 1236
Joined: 11 Mar 2010, 12:16
Gender: Male
Location: The south

Re: Pension Illustration

Post by cloherty1976 »

Checked mine and will be getting more in all boxes against last year. Can't ask for more than that. :Very Happy
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72561
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Location: On my couch

Re: Pension Illustration

Post by TrueBlueTerrier »

cloherty1976 wrote:Checked mine and will be getting more in all boxes against last year. Can't ask for more than that. :Very Happy
Perhaps not next year with the changes they are trying to get through.
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cloherty1976
MAIL CENTRES/PROCESSING
Posts: 1236
Joined: 11 Mar 2010, 12:16
Gender: Male
Location: The south

Re: Pension Illustration

Post by cloherty1976 »

I don't worry about it as 20 years till I get mine.
baldrick
EX ROYAL MAIL
Posts: 5038
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: Pension Illustration

Post by baldrick »

cloherty1976 wrote:I don't worry about it as 20 years till I get mine.
You need to think about it now though. You won't be able to do anything when you reach retirement age. Try to plan for the best pension you can get while you have time.
cloherty1976
MAIL CENTRES/PROCESSING
Posts: 1236
Joined: 11 Mar 2010, 12:16
Gender: Male
Location: The south

Re: Pension Illustration

Post by cloherty1976 »

Baldrick that's why I am not worried as avc set up and second pension too. Also endownmet still going and paying properties off as repayment so I can keep the endowment money. Also investing in shares long term to hopefully retire early. These are my choices and if they all go wrong that's my problem and no one else to blame.