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IHR and pensions

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.
saddlerposty
EX ROYAL MAIL
Posts: 248
Joined: 08 Mar 2010, 18:20
Gender: Male

IHR and pensions

Post by saddlerposty »

morning all,
just wondering if anyone knows, if your 55+and take IHR what are your options on taking your pension.
pj2001
EX ROYAL MAIL
Posts: 76
Joined: 27 Jun 2012, 20:37
Gender: Male

IHR and pensions

Post by pj2001 »

saddlerposty wrote:morning all,
just wondering if anyone knows, if your 55+and take IHR what are your options on taking your pension.
You can access your pension at 55 but you'll lose 25% of nra60 and 50% of nra65 by taking it earlier.