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pension @ 55

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.
slynskey
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Joined: 04 Jun 2013, 22:06
Gender: Male

pension @ 55

Post by slynskey »

I know a few people who have taken their pensions early at 55 arguing that by waiting until the age of 60 you only lose out on £10 or so per week and at least you are getting a weekly sum now. Has anyone any thoughts/advice on this?
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POSTMAN
SITE ADMINISTRATOR
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Joined: 07 Aug 2006, 03:19
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pension @ 55

Post by POSTMAN »

Moved from 'News' to 'Pension' forum.
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.
RobertT
EX ROYAL MAIL
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Joined: 09 Sep 2007, 14:26
Gender: Male

pension @ 55

Post by RobertT »

There’s been various discussions about this on these forums over the years.
Ultimately it’s a personal decision based on your own circumstances so nobody can give you a definitive answer. But this video gives some reasons why it’s bad idea:

https://www.royalmailchat.co.uk/communi ... ph+ferrett" onclick="window.open(this.href);return false;
Links to all RM pension related websites are here