How much?

[mudmonster]

Hello, Are we still able to take our pension at 55 and if so how much can you expect after 29 years ie:- lumpsum payout & pension ,ballpark figure,

Thanks
Mud

[RobertT]

Hello, Are we still able to take our pension at 55

Yes.

and if so how much can you expect after 29 years ie:- lumpsum payout & pension ,ballpark figure,
Thanks
Mud

How long is a piece of string?
We don't know how much you earn, if you're full time or part time, what allowances you get, etc.
You are the one with access to your latest pension statement, so just look at the figures quoted under the heading 'your pension' and take 25% off your pension amount. If you're in section C and get a 'supplement' take 25% off that aswell. Also take 25% off the maximum lump sum amount under 'NRA60 benefits'.

The end result won't be 100% correct but it will give you the ballpark figure you're after. If you want more accurate figures and are approaching 55 then get in touch with the pensions service centre for a quote: http://royalmailpensionplan.co.uk/102/contact-us" onclick="window.open(this.href);return false;

[mudmonster]

Thanks Robert T,I should of been more specific,i will get in touch with pensions