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Pension increase 2020.

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.
andyP
Posts: 10
Joined: 20 Apr 2012, 23:02
Gender: Male

Pension increase 2020.

Post by andyP »

Hi, with it now approaching the end of the financial year has anyone got a rough idea of the rise in our monthly pension?

I’am in the old scheme.

Thanks in advance.
FAB
Posts: 234
Joined: 06 May 2017, 22:57
Gender: Male

Pension increase 2020.

Post by FAB »

1.7% for Section A/B in payment. Or if deferred and you have left RM. Also 1.7% for Section C pensions if deferred and again you have left RM.
2.4% for deferred A/B pension if still working for RM. And 2.4% for Section C pensions in payment. And deferred if you are still working for RM.