Section B

[pieoftheday]

I'm in section B of the old RM pension, been paying in as a full time since 1988, section B was kept open for Cadets that started in 1986, I'm hoping to take the lot in 2 years st 55, how do I work out a ball park figure for the lump sum and monthly pension? Ta in advance

[RobertT]

Take the figures from your last statements, and deduct 5% for each year you're taking your benefits before NRA.
So if you take it all at 55 your NRA60 will be reduced by 25% and your NRA65 by 50%.

[pieoftheday]

Thank you

[pieoftheday]

Thank you

[pieoftheday]

Take the figures from your last statements, and deduct 5% for each year you're taking your benefits before NRA.
So if you take it all at 55 your NRA60 will be reduced by 25% and your NRA65 by 50%.

Cant find my last statement cant recall the last one I got. When I do start to claim my pension are two points of contact or three now?

[RobertT]

You'll get pensions from the RMSPS and RMPP.

[pieoftheday]

You'll get pensions from the RMSPS and RMPP.

Ta