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Proposed New Royal Mail Pension v New Post office 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.
11aaa222
Posts: 81
Joined: 23 Jul 2013, 23:40
Gender: Male

Proposed New Royal Mail Pension v New Post office pension

Post by 11aaa222 »

Does anyone how the newly proposed Royal Mail pension compares to the New Post office pension? has this new PO DC pension been implemented yet?

Is the proposed RM one better then the new PO one?

Are PO workers still fighting it and striking or have they given in .... it all has gone very quite?
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Proposed New Royal Mail Pension v New Post office pension

Post by RobertT »

The changes are basically the same as with our pension, i.e it’s changing from DB to DC. But I don’t know any details of the PO scheme so couldn’t say how it compares with the proposed changes to our pension.

The changes are due to be implemented on 31st March 2017.

The trustees have agreed to go along with it: http://www.royalmailpensionplan.co.uk/s ... 2016_0.pdf" onclick="window.open(this.href);return false;

I think the last strike was just before Christmas. Personally I haven’t heard of anymore planned IA.
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