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Total Pension Value

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.
BeamishStout
Posts: 387
Joined: 19 Sep 2012, 14:42
Gender: Male

Total Pension Value

Post by BeamishStout »

....for the purposes of working out the maximum 25% tax-free lump sum.

Is it?

(Total Pension from RM X 20) + Value of AVC's (Flexiplan + BonusPlan)

Do I need to add the pension supplement as well to the pension I receive before X 20?
BeamishStout
Posts: 387
Joined: 19 Sep 2012, 14:42
Gender: Male

Total Pension Value

Post by BeamishStout »

Just found what I was looking for

https://www.royalmailchat.co.uk/communi ... 27&t=69013 in which it states
If you’re a Section C member, you need to include the value of any Pension
Supplement.
:thumbup