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Next pension statement

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.
TheStrangler
Posts: 218
Joined: 27 Jun 2017, 10:41
Gender: Male

Next pension statement

Post by TheStrangler »

Does anyone know when the new pension statement is due as I'm having trouble working out even roughly , what it would be when I reach 55 next year if I were to take vr and leave RM (23 years service no extra avcs etc paid)
I thought I read somewhere that it would show what has been paid up to date as opposed to future projection , which possibly would help.
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Next pension statement

Post by RobertT »

Taken from the summer edition of Pensions News, available here: http://www.royalmailpensionplan.co.uk/s ... w2_web.pdf" onclick="window.open(this.href);return false;

The production of your 2017 Benefit Illustration is well underway and it should be sent to you in September. Because benefits will no longer build up in the Plan in the same way from April 2018, this year’s illustration will not show the estimated benefits you could take at age 60 and 65 (as shown on page two of last year’s illustration). However, the illustration will still tell you how much pension benefit you have built up as at 31 March this year. More detail about this will be included on your personalised illustration and on our website, later in the year.
Links to all RM pension related websites are here
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Next pension statement

Post by k979aaa »

RobertT wrote:Taken from the summer edition of Pensions News, available here: http://www.royalmailpensionplan.co.uk/s ... w2_web.pdf" onclick="window.open(this.href);return false;

The production of your 2017 Benefit Illustration is well underway and it should be sent to you in September. Because benefits will no longer build up in the Plan in the same way from April 2018, this year’s illustration will not show the estimated benefits you could take at age 60 and 65 (as shown on page two of last year’s illustration). However, the illustration will still tell you how much pension benefit you have built up as at 31 March this year. More detail about this will be included on your personalised illustration and on our website, later in the year.
Remember Bulls eye the TV show in the 1970's look what you could of had well you cannot now as they do not want too show you all now how much you could of had just what you will get for now at least till they change it again!