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IHR AND PENSION

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.
martygee
EX ROYAL MAIL
Posts: 24
Joined: 15 Jul 2010, 22:31
Gender: Male

IHR AND PENSION

Post by martygee »

I am 60 soon, will have had 31 years service by then, if I get ihr, will I also be able to take my pension out as well. Is the ihr payment £18,000 across the board now regardless of age or service time. Thanks guys
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

IHR AND PENSION

Post by RobertT »

martygee wrote:I AM 60 SOON, WILL HAVE HAD 31 YEARS SERVICE BY THEN, IF I GET IHR, WILL I ALSO BE ABLE TO TAKE MY PENSION OUT AS WELL.
Yes
IS THE IHR PAYMENT £18,000 ACROSS THE BOARD NOW REGARDLESS OF AGE OR SERVICE TIME. THANKS GUYS
As far as I know IHR is still 34 weeks pay plus a maximum of 12 weeks PILON depending of length of service. So how much you get will depend on how much you earn(basic pay, not OT).
Links to all RM pension related websites are here
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

IHR AND PENSION

Post by daveyeff »

post this on blue shirts or union room and i'm sure you will get a helpful reply.
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

IHR AND PENSION

Post by RobertT »

daveyeff wrote:post this on blue shirts or union room and i'm sure you will get a helpful reply.
Why do you think my reply wasn't helpful?
Links to all RM pension related websites are here
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

IHR AND PENSION

Post by daveyeff »

RobertT wrote:
daveyeff wrote:post this on blue shirts or union room and i'm sure you will get a helpful reply.
Why do you think my reply wasn't helpful?
sorry for that, I didn't see your post until after I had posted mine. yes I did think it was helpful but as I said I hadn't seen your reply. sorry for that mate.
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

IHR AND PENSION

Post by RobertT »

No problem. :thumbup
Links to all RM pension related websites are here