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Frozen pensions

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.
holly123
EX ROYAL MAIL
Posts: 220
Joined: 24 Jan 2012, 12:45
Gender: Male

Frozen pensions

Post by holly123 »

Hi
What happens to pensions that have been frozen , like if you've left royal mail or come out of the pension plan and froze pension, will these proposals effect all these ?
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Glenno
Posts: 1491
Joined: 05 Jun 2007, 13:12

Frozen pensions

Post by Glenno »

Holly to the best of my knowledge, once you are a "deferred member" you only accrue APR , all your previous is frozen in what ever scheme you were in at the time hope that helps :wave :wave
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TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72559
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Frozen pensions

Post by TrueBlueTerrier »

holly123 wrote:Hi
What happens to pensions that have been frozen , like if you've left royal mail or come out of the pension plan and froze pension, will these proposals effect all these ?

No. All pensions up to April 2018 are unchanged. Its only RM pensions after that are affected.

Effectively come April our pensions are also frozen/deferred.
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