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Quick question about the pension scheme

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.
beastman
Posts: 36
Joined: 24 Jan 2010, 16:57
Gender: Male

Quick question about the pension scheme

Post by beastman »

This may seem an odd question but the reason I am asking is because I am about to go to an unfair dismissal tribunal and I need to know if I would have been on the RM pension scheme. If I recall correctly RM were bringing in a new scheme, earlier this year, effectively enforcing a contribuary pension. Is that correct?
If so does anyone know when it came into effect.

I think I was dismissed before the scheme kicked in. If so I think i have a justifiable case to say I would have had a pension had I not been unfairly dismissed.

thanks alot
RobertT
EX ROYAL MAIL
Posts: 6548
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Quick question about the pension scheme

Post by RobertT »

If you started work with RM before April 2008 you will a member of the final / career salary scheme.
If you started after that date you would be in the 'money purchase' scheme, but not until you've been employed for 12 months.
Hope that helps.
Links to all RM pension related websites are here
beastman
Posts: 36
Joined: 24 Jan 2010, 16:57
Gender: Male

Re: Quick question about the pension scheme

Post by beastman »

RobertT wrote:If you started work with RM before April 2008 you will a member of the final / career salary scheme.
If you started after that date you would be in the 'money purchase' scheme, but not until you've been employed for 12 months.
Hope that helps.
thanks for that. I started in March 2010 and was dismissed April 2011. I am safe to say then that I would have eventually been on the pension scheme, had I not lost my job?
RobertT
EX ROYAL MAIL
Posts: 6548
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Quick question about the pension scheme

Post by RobertT »

beastman wrote:thanks for that. I started in March 2010 and was dismissed April 2011. I am safe to say then that I would have eventually been on the pension scheme, had I not lost my job?
Yes.
Links to all RM pension related websites are here