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Section C.

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.
stevali66
Posts: 2
Joined: 03 Feb 2018, 12:06
Gender: Male

Section C.

Post by stevali66 »

Someone please clarify. Is this correct your pension based on the last three years of service or the best three years in the last ten years?
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Section C.

Post by RobertT »

I believe it's the best year in the last three.

EDIT: with more info from the plan guide:
Calculation year – Any year within the last three, provided it ends on either:
The last day of your reckonable service; or
A date which is 91 days (or up to eight multiples of 91 days) before the last day of your reckonable
service.

For example:
If your last day of reckonable service is 30 November 2012, your calculation year could end on that date or on any of the following dates which are 91 days (or multiples of 91 days) before 30 November 2012:

31 August 2012
1 June 2012
2 March 2012
2 December 2011
2 September 2011
3 June 2011
4 March 2011
3 December 2010

Please note: The calculation year only relates to the calculation of pension for pensionable service
before 1 April 2008. For pensionable service after 31 March 2008, the Plan Year applies.
Links to all RM pension related websites are here
stevali66
Posts: 2
Joined: 03 Feb 2018, 12:06
Gender: Male

Section C.

Post by stevali66 »

Thanks for response. Reading the guide this screen grab does seem to imply ethier
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