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enhanced pension
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billyg196064
- Posts: 1
- Joined: 29 Sep 2014, 16:08
- Gender: Male
enhanced pension
I left Royal Mail in 1999 with 19 years service and am coming up to 55, if I take my pension at 55 will i get the pension increase amount which shows on the yearly pension statement, you have basic pension then pension increase amount, I understand the 25% you lose 5 % per year.
Last edited by billyg196064 on 10 Mar 2015, 16:34, edited 1 time in total.
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RobertT
- EX ROYAL MAIL
- Posts: 6645
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: enhanced pension
If you take your deferred pension early it will be reduced by 5% per year, so in your case 25% in total.
I've never heard of a deferred member getting an enhanced pension so would you care to elaborate on what it actually says on your statement.
I've never heard of a deferred member getting an enhanced pension so would you care to elaborate on what it actually says on your statement.
Links to all RM pension related websites are here
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RobertT
- EX ROYAL MAIL
- Posts: 6645
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: enhanced pension
Ah! You’ve edited your post!
If you mean does it go up with inflation each year, then yes it does.
If you mean does it go up with inflation each year, then yes it does.
Links to all RM pension related websites are here