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Pension supplement

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.
comeracing
Posts: 788
Joined: 28 Nov 2010, 20:58
Gender: Male

Pension supplement

Post by comeracing »

I had a few weeks leave about 2 months ago my pension from my wages was just over £27 , I had a week off last week and my supplement has gone up to nearly £31, so my take home pay is a bit less now , but I'm paying more into the pension, can anyone shed any light on this, is this a good thing for your long term pension , why is more getting taken out ?
RobertT
EX ROYAL MAIL
Posts: 6548
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Pension supplement

Post by RobertT »

You mean your pension contribution?

Was it because the new collective scheme(the RMCPP) started?

If so your pensionable pay is probably higher than it was before.

Look at this for more info: viewtopic.php?f=27&t=114239
Links to all RM pension related websites are here