ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

Pension statements

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.
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Pension statements

Post by rambo1 »

do you still get a statement every year if you have left Royal Mail.
RobertT
EX ROYAL MAIL
Posts: 6644
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Pension statements

Post by RobertT »

rambo1 wrote:
10 Oct 2023, 19:38
do you still get a statement every year if you have left Royal Mail.
Yes. If you've left RM, you should get a deferred statement, which are usually despatched after those for employee members.

The RMSPS website has info on when their's should arrive: https://www.royalmailsps.co.uk/news/202 ... -statement

But no info on the RMPP site!
Links to all RM pension related websites are here
heapsy
Posts: 2949
Joined: 02 Jun 2007, 23:40
Gender: Male
Location: Drinking with Gangsters

Re: Pension statements

Post by heapsy »

freespeech wrote:
10 Oct 2023, 14:41
heapsy wrote:
10 Oct 2023, 09:10
Got both of mine, figures are better than I thought they'd be.
Likewise, well happy with mine especially when my AVC's are added on too. Nice increase in DBCBS too.
I've not checked my AVCs for a while. Will be doing that later today.
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Pension statements

Post by rambo1 »

RobertT wrote:
10 Oct 2023, 20:01
rambo1 wrote:
10 Oct 2023, 19:38
do you still get a statement every year if you have left Royal Mail.
Yes. If you've left RM, you should get a deferred statement, which are usually despatched after those for employee members.

The RMSPS website has info on when their's should arrive: https://www.royalmailsps.co.uk/news/202 ... -statement

But no info on the RMPP site!
Thanks Robert. I finally got out of Royal Mail, although without the hoped for pay off. Got fed up waiting.
RobertT
EX ROYAL MAIL
Posts: 6644
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Pension statements

Post by RobertT »

rambo1 wrote:
11 Oct 2023, 16:14
RobertT wrote:
10 Oct 2023, 20:01
rambo1 wrote:
10 Oct 2023, 19:38
do you still get a statement every year if you have left Royal Mail.
Yes. If you've left RM, you should get a deferred statement, which are usually despatched after those for employee members.

The RMSPS website has info on when their's should arrive: https://www.royalmailsps.co.uk/news/202 ... -statement

But no info on the RMPP site!
Thanks Robert. I finally got out of Royal Mail, although without the hoped for pay off. Got fed up waiting.
I was hoping for VR too, but when the possibility of that disappeared, I decided to jump ship anyway.
Links to all RM pension related websites are here
RTP
Posts: 863
Joined: 22 Apr 2011, 14:24
Gender: Male

Re: Pension statements

Post by RTP »

Not had my Capita one yet. Anyone else in the same boat?
Hyrrokkin
Posts: 855
Joined: 24 Nov 2021, 18:17
Gender: Male

Re: Pension statements

Post by Hyrrokkin »

RM current employee section C

Have not had my Capita statement yet...have others had theirs ?
heapsy
Posts: 2949
Joined: 02 Jun 2007, 23:40
Gender: Male
Location: Drinking with Gangsters

Re: Pension statements

Post by heapsy »

Yes, about 3 weeks ago.
RTP
Posts: 863
Joined: 22 Apr 2011, 14:24
Gender: Male

Re: Pension statements

Post by RTP »

Hyrrokkin wrote:
23 Oct 2023, 16:48
RM current employee section C

Have not had my Capita statement yet...have others had theirs ?
No still not had mine 🙄
NorthernBoy
EX ROYAL MAIL
Posts: 384
Joined: 27 Sep 2010, 21:08
Gender: Male

Re: Pension statements

Post by NorthernBoy »

Just got my RMPP 60 and 65 statement and it has gone up 10%.

I am a deferred member and I thought the increase was capped at 5%? I’m in plan c.

Have I got it wrong re 5% cap, any thoughts?
tractorboy2
EX ROYAL MAIL
Posts: 539
Joined: 18 Jan 2012, 11:03
Gender: Male

Re: Pension statements

Post by tractorboy2 »

I have received the Capita statement , but not the RMPP one , anyone else ?
RobertT
EX ROYAL MAIL
Posts: 6644
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Pension statements

Post by RobertT »

tractorboy2 wrote:
28 Nov 2023, 11:22
I have received the Capita statement , but not the RMPP one , anyone else ?
I got a 'preserved benefits update' from Capita a couple of months after leaving. But I haven't received the annual statement from either them or the RMPP yet.
Links to all RM pension related websites are here
heapsy
Posts: 2949
Joined: 02 Jun 2007, 23:40
Gender: Male
Location: Drinking with Gangsters

Re: Pension statements

Post by heapsy »

RobertT wrote:
11 Oct 2023, 19:06
rambo1 wrote:
11 Oct 2023, 16:14
RobertT wrote:
10 Oct 2023, 20:01
rambo1 wrote:
10 Oct 2023, 19:38
do you still get a statement every year if you have left Royal Mail.
Yes. If you've left RM, you should get a deferred statement, which are usually despatched after those for employee members.

The RMSPS website has info on when their's should arrive: https://www.royalmailsps.co.uk/news/202 ... -statement

But no info on the RMPP site!
Thanks Robert. I finally got out of Royal Mail, although without the hoped for pay off. Got fed up waiting.
I was hoping for VR too, but when the possibility of that disappeared, I decided to jump ship anyway.

That's my plan. If no pay off
, I'm gone at 60. I'm currently putting what I can in to fixed rate savings for 5 yrs at a time. Will make sure I'm below the £1,000 per year interest allowance obviously.
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Pension statements

Post by rambo1 »

heapsy wrote:
28 Nov 2023, 17:09
RobertT wrote:
11 Oct 2023, 19:06
rambo1 wrote:
11 Oct 2023, 16:14
RobertT wrote:
10 Oct 2023, 20:01
rambo1 wrote:
10 Oct 2023, 19:38
do you still get a statement every year if you have left Royal Mail.
Yes. If you've left RM, you should get a deferred statement, which are usually despatched after those for employee members.

The RMSPS website has info on when their's should arrive: https://www.royalmailsps.co.uk/news/202 ... -statement

But no info on the RMPP site!
Thanks Robert. I finally got out of Royal Mail, although without the hoped for pay off. Got fed up waiting.
I was hoping for VR too, but when the possibility of that disappeared, I decided to jump ship anyway.

That's my plan. If no pay off
, I'm gone at 60. I'm currently putting what I can in to fixed rate savings for 5 yrs at a time. Will make sure I'm below the £1,000 per year interest allowance obviously.
Decent rates on ISA's too at the moment, if you're not subscribed already.
Not had any pension information yet from either parties.
heapsy
Posts: 2949
Joined: 02 Jun 2007, 23:40
Gender: Male
Location: Drinking with Gangsters

Re: Pension statements

Post by heapsy »

rambo1 wrote:
03 Dec 2023, 22:53
heapsy wrote:
28 Nov 2023, 17:09
RobertT wrote:
11 Oct 2023, 19:06
rambo1 wrote:
11 Oct 2023, 16:14
RobertT wrote:
10 Oct 2023, 20:01
rambo1 wrote:
10 Oct 2023, 19:38
do you still get a statement every year if you have left Royal Mail.
Yes. If you've left RM, you should get a deferred statement, which are usually despatched after those for employee members.

The RMSPS website has info on when their's should arrive: https://www.royalmailsps.co.uk/news/202 ... -statement

But no info on the RMPP site!
Thanks Robert. I finally got out of Royal Mail, although without the hoped for pay off. Got fed up waiting.
I was hoping for VR too, but when the possibility of that disappeared, I decided to jump ship anyway.

That's my plan. If no pay off
, I'm gone at 60. I'm currently putting what I can in to fixed rate savings for 5 yrs at a time. Will make sure I'm below the £1,000 per year interest allowance obviously.
Decent rates on ISA's too at the moment, if you're not subscribed already.
Not had any pension information yet from either parties.

I'm putting £50 per week in to a limited access ISA. I've also got two fixed rates with them. Got a few shares I'll sell when the times right, but will keep Shell and BP, they'll be used to pay my utility bills. Currently getting £500+ per quarter from those two, but it's steadily going up.