MRM.COM : If you're not a member of a Royal Mail pension plan, you may be automatically enrolled into the Royal Mail Defined Contribution Plan (RMDCP) next year.

[POSTMAN]

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If you’re not a member of a Royal Mail pension plan, you may be automatically enrolled into the Royal Mail Defined Contribution Plan (RMDCP) next year.

We are required by law to automatically enrol certain employees into a workplace pension scheme every three years, if they meet certain criteria. This is even if they have previously opted out of (or are receiving pension benefits from) a Royal Mail pension plan.

Legal requirement

In 2013 and 2016, to comply with the law, Royal Mail Group automatically enrolled certain employees into the RMDCP. From the expected enrolment date of 14 January 2019, we are legally required to automatically enrol or re-enrol certain employees into the RMDCP.

If you are not currently a member of a Royal Mail pension plan, you may be enrolled into the RMDCP on the expected enrolment date of 14 January 2019.

More information

We are writing to all employees (over age 22 and under state pension age) who are not a member of a Royal Mail pension plan. They will receive a letter and more information about pension automatic enrolment at their home address from early December.

If you are affected, you do not need to take any action at this stage, unless you wish to join the RMDCP earlier than the expected enrolment date of 14 January 2019. Further information will be in the December letter and in the enrolment pack in January 2019.

[Woody Guthrie]

You could argue that the vast majority of us are no longer a member of a pension plan since this cash balance scheme barely passes the definitions of a pension or a long-term plan.