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Section c pension pot

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.
roadrunner bill
Posts: 418
Joined: 18 Oct 2018, 09:03
Gender: Male

Section c pension pot

Post by roadrunner bill »

Can anyone please tell me if I'll get a lump sum.... I'm in the section c pension..

I know section a and b get a lump sum.... I've done about 31 years service...
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Section c pension pot

Post by RobertT »

You're presumably currently paying into the DBCBS, therefore you're building up a lump sum via that.

You also have the choice to give up some of your annual pension to provide a bigger lump sum totalling a maximum of 25% of your 'total pot value'.

Full details can be found in your plan guide.
Links to all RM pension related websites are here
roadrunner bill
Posts: 418
Joined: 18 Oct 2018, 09:03
Gender: Male

Section c pension pot

Post by roadrunner bill »

Thank you..